In Exercises 7-16, use the method of linear programming to solve the problem.
Five friends, all of whom arc experienced bakers, form a company that will make bread and cakes and sell them to local restaurants and specialty stores. Each loaf of bread requires 50 minutes of labor and ingredients costing $0.90 and can be sold for $1.20 profit.
Each cake requires 30 minutes of labor and ingredients costing $1.50 and can be sold for $4.00 profit. The partners agree that no one will work more than 8 hours a day. Their financial resources do not allow them to spend more than $190 per day on ingredients. How many loaves of bread and how many cakes should they make each day to maximize their profit? What is that maximum profit?
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Chapter 12 Solutions
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