question archive Edwards Sauce Company produces two steak sauces, Hot and Mild
Subject:StatisticsPrice: Bought3
Edwards Sauce Company produces two steak sauces, Hot and Mild. Both these sauces are made by mixing two ingredients, A and B. A maximum of 40 gallons of ingredient-A could be purchased at $1.17 per gallon, and up to 30 gallons of ingredient-B could be purchased at $1.54 per gallon. Management at Edwards has estimated that the demand of Hot sauce is 20 gallons, and Mild sauce is 25 gallons. A certain level of flexibility is permitted in the formulas of these products. The allowable percentages. along with revenue data are given in the table below. Ingredient-A Ingredient-B Sales Price per Gallon At least 23% At least 60% At most 71 ‘36 * No restriction 1. Formula re the above problem as a Linear Program. 2. Use SOL VER to obtain the Optimal Solution