The International Chef, Inc., markets three blends of oriental tea: premium, Duke Grey, and breakfast. The firm uses tea leaves from India, China, and new domestic California sources. Net profit per pound for each blend is $0.60 for premium, $0.35 for Duke Grey, and $0.45 for breakfast. The firm's regular weekly supplies are 21,000 pounds of Indian tea leaves, 23,000 pounds of Chinese tea leaves, and 17,000 pounds of California tea leaves. Develop and solve a linear optimization model to determine the optimal mix to maximize profit. Click here to view the tea blends data. Complete the table below to indicate the number of pounds of each type of tea leaf to produce to optimize the profit, and then give the total profit earned. (Round to the nearest whole number as needed.) Premium Pounds to Produce Total Profit = $ Duke Grey Breakfast Tea Blends Data Quality Premium Duke Grey Breakfast Tea Leaves (percent) Tea Leaves (percent) Indian 40% 30% 40% Chinese 20% 50% 40% Califor 40% 20% 20%

The International Chef, Inc., markets three blends of oriental tea: premium, Duke Grey, and breakfast. The firm uses tea leaves from India, China, and new domestic California sources. Net profit per pound for each blend is $0.60 for premium, $0.35 for Duke Grey, and $0.45 for breakfast. The firm's regular weekly supplies are 21,000 pounds of Indian tea leaves, 23,000 pounds of Chinese tea leaves, and 17,000 pounds of California tea leaves. Develop and solve a linear optimization model to determine the optimal mix to maximize profit. Click here to view the tea blends data. Complete the table below to indicate the number of pounds of each type of tea leaf to produce to optimize the profit, and then give the total profit earned. (Round to the nearest whole number as needed.) Premium Pounds to Produce Total Profit = $ Duke Grey Breakfast Tea Blends Data Quality Premium Duke Grey Breakfast Tea Leaves (percent) Tea Leaves (percent) Indian 40% 30% 40% Chinese 20% 50% 40% Califor 40% 20% 20%

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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