A First Course in Linear Algebra · Problem WILA.M70

Systems of Linear Equations — Robert Beezer

Mathematics — Linear Algebra · trail-mix-linear-programming

Problem

In Example TMP two different prices were considered for marketing standard mix with the revised recipes (one-third peanuts in each recipe). Selling standard mix at \5.50resultedinsellingtheminimumamountofthefancymixandnobulkmix.At5.50 resulted in selling the minimum amount of the fancy mix and no bulk mix. At 5.25 it was best for profits to sell the maximum amount of fancy mix and then sell no standard mix. Determine a selling price for standard mix that allows for maximum profits while still selling some of each type of mix.

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