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Business, 06.10.2019 05:30 19cmulett

Assume that you have decided to enter the candy business. you are considering producing two types of candies: a and b, both of which consist solely of sugar, nuts, and chocolate. at present you have 12,000 ounces of sugar, 3000 ounces of nuts, and 3000 ounces of chocolate in stock. the mixture used to make candy a must contain at least 10% nuts and 10% chocolate. the mixture used to make candy b must contain at least 20% nuts. each ounce of candy a can be sold for $0.40 and each ounce of candy for $0.50. determine how you can maximize your revenues from candy sales using linear programming approach. provide a linear programming formulation, notation and solution.

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