In: Statistics and Probability
A local bagel shop produces bagels (B) and croissants (C). Each bagel requires 6 ounces of flour, 1 gram of yeast, and 2 tablespoons of sugar. A croissant requires 3 ounces of flour, 1 gram of yeast, and 4 tablespoons of sugar. The company has 6,600 ounces of flour, 1,400 grams of yeast, and 4,800 tablespoons of sugar available for today's baking. Bagel profits are 20 cents each and croissant profits are 30 cents each. The shop wishes to maximize profits.
What is the optimal profit?
So the optimum solution comes to be (x1,x2)=(400,1000)
and maximum profit is 38000 cents