In Example TMP two different prices were considered for marketing standard mix with the revised recipes
belongs to book: A First Course in Linear Algebra|Robert A. Beezer|| Chapter number:1| Question number:M70
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belongs to book: A First Course in Linear Algebra|Robert A. Beezer|| Chapter number:1| Question number:M70
total answers (1)
If the price of standard mix is set at $5.292, then the profit function has a zero
need an explanation for this answer? contact us directly to get an explanation for this answercoefficient on the variable quantity f. So, we can set f to be any integer quantity in (825; 826........ 960).
All but the extreme values (f = 825, f = 960) will result in production levels where some of every mix is
manufactured. No matter what value of f is chosen, the resulting profit will be the same, at $2,664.60.