Problem 7-37 (Algorithmic)The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp cheddar cheese. The cheese spreads are packaged in 12-ounce containers, which are then sold to distributors throughout the Northeast. The Regular blendcontains 65% mild cheddar and 35% extra sharp, and the Zesty blend contains 75% mild cheddar and extra sharp. This year, a local dairy cooperative offered to provide up to 8100 pounds of mild cheddar cheese for $1.30 per pound and up to 3500 pounds of extrasharp cheddar cheese for $1.50 per pound. The cost to blend and package the cheese spreads, excluding the cost of the cheese, is $0.30 per container. If each container of Regular is sold for $1.80 and each container of Zesty is sold for $2.10, how many containers ofRegular and Zesty should New England Cheese produce? Do not round your interim computations. If required, round your answers to the nearest whole number.Let Rnumber of containers of RegularZ= number of containers of ZestyOptimal Solution: R=profit= $

Answered: The New England Cheese Company produces…

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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