TABLE 3 Cost Per Value ($) Percent Percent Medium Percent Small Supplier Large 5 40 40 20 4 30 35 35 3 20 20 60 1 sells for $7 per pound, and each pound contains 3 units of vitamin A and 1 unit of vitamin C. Food 2 sells for $1 per pound, and each pound contains 1 unit of each vitamin. Each day, the family needs at least 12 units of vitamin A and 6 units of vitamin C. a Verify that Peg should purchase 12 units of food 2 each day and thus oversatisfy the vitamin C requirement by 6 units. b Al has put his foot down and demanded that Peg ful- fill the family's daily nutritional requirement exactly by obtaining precisely 12 units of vitamin A and 6 units of vitamin C. The optimal solution to the new problem will involve ingesting less vitamin C, but it will be more ex- pensive. Why?
TABLE 3 Cost Per Value ($) Percent Percent Medium Percent Small Supplier Large 5 40 40 20 4 30 35 35 3 20 20 60 1 sells for $7 per pound, and each pound contains 3 units of vitamin A and 1 unit of vitamin C. Food 2 sells for $1 per pound, and each pound contains 1 unit of each vitamin. Each day, the family needs at least 12 units of vitamin A and 6 units of vitamin C. a Verify that Peg should purchase 12 units of food 2 each day and thus oversatisfy the vitamin C requirement by 6 units. b Al has put his foot down and demanded that Peg ful- fill the family's daily nutritional requirement exactly by obtaining precisely 12 units of vitamin A and 6 units of vitamin C. The optimal solution to the new problem will involve ingesting less vitamin C, but it will be more ex- pensive. Why?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter7: Nonlinear Optimization Models
Section: Chapter Questions
Problem 49P: If a monopolist produces q units, she can charge 400 4q dollars per unit. The variable cost is 60...
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