A snack food manufacturer buys corn for tortilla chips from two suppliers, one in Iowa and one in Illinois. The price per unit of the Iowa corn is $6.30 and the price per unit of the Illinois corn is $5.80.(a) Define variables that would tell how many units to purchase from each source.Let x₁ be the number of unitsfrom Iowa, and let x2 be the number of unitsfrom Illinois.(b) Develop an objective function that would minimize the total cost (in dollars).Min(c) The manufacturer needs at least 12,500 units of corn. The Iowa cooperative can supply up to 8,500 units, and the Illinois cooperative can supply at most 5,500 units. Develop constraints for these conditions.required units of cornIowa supplyIllinois supply

Price per unit of Iowa corn =$6.30Price per unit of Illinois corn =$5.80Manufacturer needs at least…

Answered: A snack food manufacturer buys corn for…

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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As purchasing agent for Eynan Enterprises in Richmond, Virginia, you ask your buyer to provide you with a ranking of "excellent," "good," "fair," or " poor" for a variety of characteristics for two potential vendors. You suggest that the "Products" total beweighted 40% and the other three categories totals be weighted 20% ueach. The buyer has returned the ran kings shown in TableS 11 .2. Which of the two vendors would you select?
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For a certain company, the monthly percentages of all shipments received on time over the past 12 months are 80, 82, 84, 83, 84, 84, 85, 85, 82, 83, 84, and 83. (a) Construct a time series plot. 86 O 86 85 84 83 82 81 mmmm 80 79 78 77 0 1 2 3 4 5 6 7 8 9 10 11 12 13 0 1 2 3 4 5 6 7 8 9 10 11 12 13 Month Month 85 84 83 82 81 80 79 78+ 77 0 1 2 3 4 5 6 7 8 9 10 11 12 13 Month 86- 85 84 83 82 81 80 79 78- 77 What type of pattern exists in the data? O The first two points may be an indication of a shift to a new level, but overall the time series plot exhibits a horizontal pattern. O The first two points may be an indication of a shift to a new level, but overall the time series plot exhibits a cyclical pattern. O Overall, the time series plot exhibits a consistent trend pattern. O The last two points may be an indication of a shift to a new level, but overall the time series plot exhibits a horizontal pattern. O The first two points may be an indication of a shift to a new level, but…

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