(Solved) Complete a linear programming set up of the following production mix problem: The Marconi Pasta Company manufactures 3 different grades of pasta:
Question: Complete a linear programming set up of the following production mix problem:
The Marconi Pasta Company manufactures 3 different grades of pasta: regular, light, and premium.
Regular grade sells for $10 a box.
Light grade sells for $15 a box.
Premium grade sells for $25 a box.
It costs $3, $6, and $10 in raw materials to produce each product respectively. The upper limit on demand for is product is 1,500 bags, 1,000 bags, and 500 bags respectively.
The company has allocated $150,000 for raw material expenses. Formulate an LP model to maximize profit.
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