Question 2. Take a screenshot (snip tool) of you excel spreadsheet and save it. Click on the image icon below and upload your screenshot file. Make sure it is big enough to read
Question 2. Take a screenshot (snip tool) of you excel spreadsheet and save it. Click on the image icon below and upload your screenshot file. Make sure it is big enough to read
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:Question 2. Take a screenshot (snip tool) of you excel spreadsheet and save it. Click on
the image icon below and upload your screenshot file. Make sure it is big enough to read

Transcribed Image Text:Question 1. Busch Gardens Sweets is preparing for the Halloween rush. They prepare two sizes
of Peanut/Raisin Ghoulish Delight and need to calculate how many bags of deluxe and standard
mixes they can produce.
The deluxe mix takes 0.9 of a pound of raisins and 0.4 of a pound of peanuts.
The standard mix takes 0.7 of a pound of raisins and 0.6 of a pound of peanuts.
The shop has 100 pounds of raisins and 70 pounds of peanuts.
The profit on the deluxe mix is $1.80 and the standard mix profit is $1.60. The owner wants no
more than 110 bags of each type prepared.
Do not forget the non-negativity constraint and remember that you cannot sell partial
bags (whole numbers only).
Use Excel Solver (as demonstrated in the lecture) to determine the following
a. The or timal number of Deluxe Mix to
prepare.
b. The optimal number of Regular Mix to
prepare.
c. What is the optimal profit?
d. How many pounds of raisins are needed to
achieve optimal profit?
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