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Question 3. Change your spreadsheet to 'show formulas' - type "show formulas" and Enter key as shown here: Type: Show formulas here and then P Then make sure that your formulas show completely in the cells, you may need to widen some. Take a screenshot. Use the same process as previous question to upload.

Question 3. Change your spreadsheet to 'show formulas' - type "show formulas" and Enter key as shown here: Type: Show formulas here and then P Then make sure that your formulas show completely in the cells, you may need to widen some. Take a screenshot. Use the same process as previous question to upload.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Please answer question 3
Question 3. Change your spreadsheet to 'show formulas' - type "show formulas" and Enter key as shown here: 8.5. C Cop om Pate Page Layout Form Revies View ACROBAT BINDA. Mage & Contr ww S.N. Ma Type: Show formulas here and then Enter Key Conditional Format Cek Oplanatory Forming - Calculation 20 Clea 2T P Set & Fod Then make sure that your formulas show completely in the cells, you may need to widen some. Take a screenshot. Use the same process as previous question to upload.
Transcribed Image Text:Question 3. Change your spreadsheet to 'show formulas' - type "show formulas" and Enter key as shown here: 8.5. C Cop om Pate Page Layout Form Revies View ACROBAT BINDA. Mage & Contr ww S.N. Ma Type: Show formulas here and then Enter Key Conditional Format Cek Oplanatory Forming - Calculation 20 Clea 2T P Set & Fod Then make sure that your formulas show completely in the cells, you may need to widen some. Take a screenshot. Use the same process as previous question to upload.
Question 1. Busch Gardens Sweets is preparing for the Halloween rush. They prepare two sizes of Peanut/Raisin Ghoulish Delight and need to calculate how many bags of deluxe and standard mixes they can produce. The deluxe mix takes 0.9 of a pound of raisins and 0.4 of a pound of peanuts. The standard mix takes 0.7 of a pound of raisins and 0.6 of a pound of peanuts. The shop has 100 pounds of raisins and 70 pounds of peanuts. The profit on the deluxe mix is $1.80 and the standard mix profit is $1.60. The owner wants no more than 110 bags of each type prepared. Do not forget the non-negativity constraint and remember that you cannot sell partial bags (whole numbers only). Use Excel Solver (as demonstrated in the lecture) to determine the following a. The or timal number of Deluxe Mix to prepare. b. The optimal number of Regular Mix to prepare. c. What is the optimal profit? d. How many pounds of raisins are needed to achieve optimal profit?
Transcribed Image Text:Question 1. Busch Gardens Sweets is preparing for the Halloween rush. They prepare two sizes of Peanut/Raisin Ghoulish Delight and need to calculate how many bags of deluxe and standard mixes they can produce. The deluxe mix takes 0.9 of a pound of raisins and 0.4 of a pound of peanuts. The standard mix takes 0.7 of a pound of raisins and 0.6 of a pound of peanuts. The shop has 100 pounds of raisins and 70 pounds of peanuts. The profit on the deluxe mix is $1.80 and the standard mix profit is $1.60. The owner wants no more than 110 bags of each type prepared. Do not forget the non-negativity constraint and remember that you cannot sell partial bags (whole numbers only). Use Excel Solver (as demonstrated in the lecture) to determine the following a. The or timal number of Deluxe Mix to prepare. b. The optimal number of Regular Mix to prepare. c. What is the optimal profit? d. How many pounds of raisins are needed to achieve optimal profit?
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