The maximum production of a soft-drink bottling company is 5000 cartons per day. The company produces regular and diet drinks and must make at least 600 cartons of regular and 1000 cartons of diet per day. Production costs are $1.00 per carton of regular and $1.20 per carton of diet. The daily operating budget is $5400. How many cartons of each type of drink should be produced if the profit is $0.10 per regular and $0.11 per diet? How, if at all, do the maximum profit and optimal bottling policy change if the company has no minimum required production?
The maximum production of a soft-drink bottling company is 5000 cartons per day. The company produces regular and diet drinks and must make at least 600 cartons of regular and 1000 cartons of diet per day. Production costs are $1.00 per carton of regular and $1.20 per carton of diet. The daily operating budget is $5400. How many cartons of each type of drink should be produced if the profit is $0.10 per regular and $0.11 per diet? How, if at all, do the maximum profit and optimal bottling policy change if the company has no minimum required production?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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The maximum production of a soft-drink bottling company is 5000 cartons per day. The company produces regular and diet drinks and must make at least 600 cartons of regular and 1000 cartons of diet per day. Production costs are $1.00 per carton of regular and $1.20 per carton of diet. The daily operating budget is $5400. How many cartons of each type of drink should be produced if the profit is $0.10 per regular and $0.11 per diet? How, if at all, do the maximum profit and optimal bottling policy change if the company has no minimum required production?
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