(Step-by-Step) PRODUCTS MIXTURE A jeweler can dispose weekly of 800 grams of gold, 2.4 kilograms of silver and 14 kilograms of copper. Currently, it produces
Question: PRODUCTS MIXTURE
A jeweler can dispose weekly of 800 grams of gold, 2.4 kilograms of silver and 14
kilograms of copper. Currently, it produces two charms that are in great demand. Each
it requires 10 grams of gold for its manufacture, but the charm 1 also carries the need of
incorporate 40 grams of silver and 150 of copper, while the charm 2 requires 250 grams
copper and 20 silver. It has a total utility of $ 90 and $ 70 for the pendant 1 and 2
respectively.
- Make a table with the problem data.
- Develop a model that helps to make a production program that maximizes the
total utility.
- Table with the problem data
- Model for the production program that maximizes the total utility.
X1; amount of type 1 charms to maximize profit
X2; amount of type 2 charms to maximize profit
X 1 x 2 > 0 and whole
Deliverable: Word Document 