Problem 7-37 (Algorithmic)
The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with extra sharp cheddar cheese. The cheese spreads are packaged in 12-ounce containers, which are then sold to distributors throughout the Northeast. The Regular blend contains 65% mild cheddar and 35% extra sharp, and the Zesty blend contains 75% mild cheddar and 25% extra sharp. This year, a local dairy cooperative offered to provide up to 8100 pounds of mild cheddar cheese for $1.30 per pound and up to 3500 pounds of extra sharp cheddar cheese for $1.50 per pound. The cost to blend and package the cheese spreads, excluding the cost of the cheese, is $0.30 per container. If each container of Regular is sold for $1.80 and each container of Zesty is sold for $2.10, how many containers of Regular and Zesty should New England Cheese produce? Do not round your interim computations. If required, round your answers to the nearest whole number.
LetR=number of containers of RegularZ=number of containers of Zesty
Optimal Solution:R=fill in the blank 1,Z=fill in the blank 2, profit = $fill in the blank 3.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more