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Practice OptCandy

A candy maker has stockpiles of sugar, nuts, and chocolate and wants to produce two types of candies, Slugger and Easy Out, to maximize revenue. Slugger candy must contain at least 10% nuts and 10% chocolate, while Easy Out must contain at least 20% nuts. Given production constraints and selling prices, the maximum revenue that can be earned is $6,500 by producing 10,000 ounces of Slugger candy and 5,000 ounces of Easy Out candy.

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68 views1 page

Practice OptCandy

A candy maker has stockpiles of sugar, nuts, and chocolate and wants to produce two types of candies, Slugger and Easy Out, to maximize revenue. Slugger candy must contain at least 10% nuts and 10% chocolate, while Easy Out must contain at least 20% nuts. Given production constraints and selling prices, the maximum revenue that can be earned is $6,500 by producing 10,000 ounces of Slugger candy and 5,000 ounces of Easy Out candy.

Uploaded by

Nancy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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A B C D E F G H I J K L M N O

1 Mixing candy SMA page 168, problem 45


2
3 Selling price of candies (per ounce) You have decided to enter the candy business. You are considering producing two
4 Slugger Easy Out types of candies: Slugger candy and Easy Out candy, both of which consist solely of
5 $0.40 $0.50
sugar, nuts, and chocolate. At present you have in stock 10,000 ounces of sugar,
2000 ounces of nuts, and 3000 ounces of chocolate. The mixture used to make Easy
6 Out candy must contain at least 20% nuts. The mixture used to make Slugger candy
7 Production plan (amounts of inputs into each candy) must contain at least 10% nuts and 10% chocolate. Each ounce of Easy Out candy
8 Slugger Easy Out Total used Available can be sold for $0.50, and each ounce of Slugger candy for $0.40. Determine how
9 Sugar 6000 4000 10000 <= 10000 you can maximize your revenue from candy sales.
10 Nuts 1000 1000 2000 <= 2000
(Answer: Total Revenue $6,500)
11 Chocolate 3000 0 3000 <= 3000
12 Produced 10000 5000
13
14 Nut lower bounds Chocolate lower bound
15 Slugger Easy Out Slugger
16 10% 20% 10%
17
18 Nut constraints Chocolate constraint
19 Slugger Easy Out Slugger 3000 >= 1000
20 1000 1000
21 <= <=
22 Actual totals 1000 1000
23
24 Required
25
26 Total revenue $6,500

Problem 3.6

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