SOLVE IN MATLAB. SHOW CODE. You have decided to enter the candy business. You are considering...

SOLVE IN MATLAB. SHOW CODE.

You have decided to enter the candy business. You are considering producing two types of candies: Slugger Candy and Easy Out Candy, both of which consist solely of sugar, nuts, and chocolate. At present, you have in stock 100 oz of sugar, 20 oz of nuts, and 30 oz of chocolate. The mixture used to make Easy Out Candy must contain at least 20% nuts. The mixture used to make Slugger Candy must contain at least 10% nuts and 10% chocolate. Each ounce of Easy Out Candy can be sold for 25¢ , and each ounce of Slugger Candy for 20¢. Formulate an LP that will enable you to maximize your revenue from candy sales.

Expert Solution

Colby Messinger answered 5 months ago

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