C-Town Brewery brews two beers: Expansion Draft and Burning River. Expansion Draft sells for $20 per barrel, while Burning River sells for $8 per barrel. Producing a barrel of Expansion Draft takes 8 pounds of corn and 4 pounds of hops. Producing a barrel of Burning River requires 2 pounds of corn, 6 pounds of rice, and 3 pounds of hops. The brewery has 500 pounds of corn, 300 pounds of rice, and 400 pounds of hops. Assuming a linear relationship, use Excel Solver to determine the optimal mix of Expansion Draft and Burning River that maximizes C-Town’s revenue.
C-Town Brewery brews two beers: Expansion Draft and Burning River. Expansion Draft sells for $20 per barrel, while Burning River sells for $8 per barrel. Producing a barrel of Expansion Draft takes 8 pounds of corn and 4 pounds of hops. Producing a barrel of Burning River requires 2 pounds of corn, 6 pounds of rice, and 3 pounds of hops. The brewery has 500 pounds of corn, 300 pounds of rice, and 400 pounds of hops. Assuming a linear relationship, use Excel Solver to determine the optimal mix of Expansion Draft and Burning River that maximizes C-Town’s revenue.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter4: Linear Programming Models
Section: Chapter Questions
Problem 92P
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C-Town Brewery brews two beers: Expansion Draft and Burning River. Expansion Draft sells for $20 per barrel, while Burning River sells for $8 per barrel. Producing a barrel of Expansion Draft takes 8 pounds of corn and 4 pounds of hops. Producing a barrel of Burning River requires 2 pounds of corn, 6 pounds of rice, and 3 pounds of hops. The brewery has 500 pounds of corn, 300 pounds of rice, and 400 pounds of hops. Assuming a linear relationship, use Excel Solver to determine the optimal mix of Expansion Draft and Burning River that maximizes C-Town’s revenue.
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