OPTIMIZING PRODUCTION OF COLD FORMULAS Beyer Pharmaceutical produces three kinds of cold formulas: Formula I, Formula II, and Formula III. It takes
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Chapter 3 Solutions
Finite Mathematics for the Managerial, Life, and Social Sciences
- Redo Exercise 5, assuming that the house blend contains 300 grams of Colombian beans, 50 grams of Kenyan beans, and 150 grams of French roast beans and the gourmet blend contains 100 grams of Colombian beans, 350 grams of Kenyan beans, and 50 grams of French roast beans. This time the merchant has on hand 30 kilograms of Colombian beans, 15 kilograms of Kenyan beans, and 15 kilograms of French roast beans. Suppose one bag of the house blend produces a profit of $0.50, one bag of the special blend produces a profit of $1.50, and one bag of the gourmet blend produces a profit of $2.00. How many bags of each type should the merchant prepare if he wants to use up all of the beans and maximize his profit? What is the maximum profit?arrow_forwardLIFE SCIENCE APPLICATIONS Cost Analysis Acme Products sells a machine for doing a certain type of blood test for 40,000, which costs 20 for each use. Amalgamated Medical Supplies sells a similar machine for only 32,000, but it costs 30 for each use. How many times must the machines be used for the total cost to be equal?arrow_forwardWholesale distribution Ace Electronics, Hi-Fi Stereo, and CD World buy a total of 175 DVD players from the same distributor each month. Because CD World buys 25 more units than the other two stores combined, CD Worlds cost is only 160 per unit. The players cost Hi-Fi 165 each and Ace 170 each. How many players does each retailer buy each month if the distributor receives 28,500 each month from the sale of the players to the three stores?arrow_forward
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