Question

Al Rifai roastery is preparing for the holiday season. The owner must decide how many bags of standard mix and how many bags of deluxe mix of Peanut/Raisin to put up. The standard mix has 1/2 pound raisins and 1/2 pound peanuts per bag whereas the deluxe mix has 2/3 pound raisins and 1/3 pound peanuts. The shop has 90 pounds of raisins and 60 pounds of peanuts to work with. Peanuts cost $0.60 per pound and raisins cost $1.50 per pound. The standard mix will sell for $2.55 for a one-pound bag, and the deluxe mix will sell for $2.90 for a one-pound bag. The owner estimates that no more than 110 bags of one type can be sold. (a) If the goal is to maximize profit, how many bags of each type should be prepared? (Solve it graphically) (b) What is the expected profit? (c) Repeat a) and b) by solving using Excel Solver (d) Write 3 interpretations that you can conclude from the Sensitivity Analysis (with numbers and discussion)

Answer 1

help me reach next rank please mark me as brainliest