Groovy Juice Mixers, Inc.
Groovy Juice Mixers, Inc. mixes specialty drinks out of apple,
guava, and papaya juices. Currently it has 1300, 600, and 500
gallons of each of these kinds of juices in inventory,
respectively.
Groovy currently has two products, Tropical Breeze and Guava Jive,
which sell for $1.50 and $2.20 per gallon, respectively.
Tropical Breeze is a mixture of all three ingredients that consists
of 20% to 30% guava juice, and also 25% to 35% papaya juice.
Guava Jive consists at least 45% and at most 50% guava. It does not
have to contain papaya juice, but if it does, it may be at most 5%
papaya.
Assume inventory is a sunk cost, and that the costs of mixing are
negligible. Therefore, Groovy's goal is to obtain the maximum
possible revenue from the inventory on hand.
To do this problem you will need 6 Decision
Variables:
TA = Number of Gallons of Apple Juice Used in Tropical
Breeze
TG = Number of Gallons of Guava Juice Used in Tropical
Breeze
TP = Number of Gallons of Papaya Juice Used in Tropical
Breeze
GA = Number of Gallons of Apple Juice Used in Guava
Jive
GG = Number of Gallons of Guava Juice Used in Guava
Jive
GP = Number of Gallons of Papaya Juice Used in Guava
Jive
Find each of the following:
TA
=
TG =
384
TP
=
GA
=
GG
=
GP =
20
Total Revenue =
(Leave off $ sign and commas)
Hint: Total Revenue is between 3856 and 3946
Groovy Juice Mixers, Inc. Groovy Juice Mixers, Inc. mixes specialty drinks out of apple, guava, and...
Groovy Juice Mixers, Inc. mixes specialty drinks out of apple, guava, and papaya juices. Currently it has 1100, 500, and 800 gallons of each of these kinds of juices in inventory, respectively Groovy currently has two products, Tropical Breeze and Guava Jive, which sell for $2.00 and S1.60 per gallon, respectively. Tropical Breeze is a mixture of all three ingredients that consists of 15% to 20% guava juice, and also 20% to 25% papaya juice. Guava live consists at least...