A candy company has 195 kg of chocolate-covered nuts and 105 kg of chocolate-covered raisins to be sold as two different mixes. One mix will contain half nuts and half raisins and will sell for $7per kg. The other mix will contain nuts and raisins and will sell for $9.50 per kg. Complete parts a. and b.1434a. How many kilograms of each mix should the company prepare for the maximum revenue? Find the maximum revenue.The company should preparekg of the first mix andkg of the second mix for a maximum revenue of $per kg. Now how many kilograms of each mix should the company prepare for the maximum revenue? Find the maximum revenue.b. The company raises the price of the second mix to $11The company should prepare kg of the first mix andkg of the second mix for a maximum revenue of $

Here, this is an optimization problem, we need to maximize the total revenue value, First, I would…

Answered: a. How many kilograms of each mix…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 33P: Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand...

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