subject
Business, 25.09.2020 04:01 pollywallythecat

O. J. Juice Company sells bags of oranges and cartons of orange juice. O. J. grades oranges on a scale of 1 (poor) to 10 (excellent). O. J. now has on hand 100,000 lb of grade 9 oranges and 120,000 lb of grade 6 oranges. The average quality of oranges sold in bags must be at least 7, and the average quality of the oranges used to produce orange juice must be at least 8. Each pound of oranges that is used for juice yields a revenue of $1.50 and incurs a variable cost (consisting of labor costs, variable overhead costs, inventory costs, and so on) of $1.05. Each pound of oranges sold in bags yields a revenue of 50¢ and incurs a variable cost of 20¢. Formulate an LP to help O. J. maximize profit.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:30
Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?
Answers: 1
question
Business, 22.06.2019 05:00
What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b
Answers: 1
question
Business, 22.06.2019 11:40
Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:
Answers: 1
question
Business, 22.06.2019 22:50
Which of these makes a student loan different from other types of loans
Answers: 1
You know the right answer?
O. J. Juice Company sells bags of oranges and cartons of orange juice. O. J. grades oranges on a sca...
Questions
question
Health, 01.09.2019 15:00
question
Mathematics, 01.09.2019 15:00
question
Business, 01.09.2019 15:10
question
English, 01.09.2019 15:10
Questions on the website: 13722362