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ratelena [41]
3 years ago
15

The owner of Chips etc. produces two kinds of chips: lime (L) and vinegar (V). He has a limited amount of the three ingredients

used to produce these chips available for his next production run: 4800 ounces of salt, 9600 ounces of flour, and 2000 ounces of herbs. A bag of lime chips requires 2 ounces of salt, 6 ounces of flour, and 1 ounce of herbs to produce; while a bag of vinegar chips requires 3 ounces of salt, 8 ounces of flour, and 2 ounces of herbs. Profits for a bag of lime chips are $0.40, and for a bag of vinegar chips $0.50. What is the formulation for this problem? Suppose that L and V are the decision variables respectively of Lime and Vinegar.
Business
1 answer:
Sloan [31]3 years ago
3 0

Answer:

Objective function (maximize)

Profit=0.40L+0.50V

Constraints

- Availabitily of salt: 2L+3V\leq4800

- Availability of herbs: 1C+2V\leq 2000

- Availability of flour: 6C+8V\leq9600

Explanation:

This a linear programming problem. We have an objective function (in this case it is the profit) that we want to optimize, but complying with constraints (in this case, the availability of ingredients).

The objective function can be defined taking into account the profits of the two kind of chips:

Profit=0.40L+0.50V

The constraints can be expressed taking into account the amount of ingredients every unit of chip needs and stating that it has to be less or equal to the availability of this ingredient:

- Availabitily of salt:

2L+3V\leq4800

- Availability of herbs

1C+2V\leq 2000

- Availability of flour

6C+8V\leq9600

With these expressions the linear programming problem can be solved.

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An increase inflation rate for the United States relative to other countries would ____ the US's current account balance, other
Shkiper50 [21]

Answer: decrease; decrease

Explanation:

Inflation rate is simply defined as the rate at which prices of goods and services rise over time, which therefore results in a decrease in money's purchasing value.

An increase inflation rate for the United States relative to other countries would reduce the US's current account balance, other things equal. An increase growth in the US income level relative to other countries would reduce the US's current account balance, other things equal.

4 0
4 years ago
C. Explain the importance of the veterinary physician .​
mr Goodwill [35]

A veterinary physician is necessary for the prevention of a variety of diseases and problems in diverse animal species. He or she is crucial in illness diagnosis and therapy planning. All situations when surgery is not required must be handled solely by a physician. Because many illnesses (zoonoses) may be passed from animal to human, chemists and doctors are continually checking on veterinary medicine to see how they might adjust human medications and vice versa. Vets take their duty extremely seriously in order to safeguard both the health of animals and the safety and wellness of the human-animal relationship. Shepard's utilized human medication and human medical advice to treat dogs thousands of years ago, and it typically worked.

3 0
2 years ago
Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 6.3 percent until you retire in 35 years.
Hatshy [7]

Answer:

$23,022.68

Explanation:

We are to calculate the future value of this amount using the two different interest rates and find the difference

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

$19,500 (1.063)^35 = $165,462.23

$19,500 (1.069)^34 = $188,484.91

$188,484.91 - $165,462.23 = $23,022.68

8 0
4 years ago
How did the rise of big business in the united states transform the economy and affect the lives of working people?
Lelechka [254]
<span>Big business is concerned with profit, and thereby decreasing costs including worker salaries and wages. The economy transformed because it is hard for small business to compete and with large entities that leverage scale. Working people lose bargaining power and job security.</span>
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At the beginning of the current period, Griffey Corp. had balances in Accounts Receivable of $239,000 and in Allowance for Doubt
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It’s c hopefully this helps
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3 years ago
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