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Starbucks needs to decide how many muffins and how many croissants to produce each day. The profit per muffin is $1 and the profit per croissant is...
Starbucks needs to decide how many muffins and how many croissants to produce each day. The profit per muffin is $1 and the profit per croissant is $1.5. On an average, each muffin takes 3 minutes of labor time and 3 minutes of oven time (of course they are produced in batches. For simplification I have given you the time per piece). Croissants take 10 minutes of labor time and 1 minute of oven time. Starbucks can have its labor dedicated for a maximum of 2 hours every day. The oven time is limited to 6 hours during the night. Due to customer requests Starbucks produces at least 5 croissants every day.
Use Solver to find the optimal solution. The optimal number of muffins to be produced in a day is ___________ (keep two decimals) and the optimal number of croissants to be produced in a day is ______________ (keep two decimals).
Question 2
Starbucks needs to decide how many muffins and how many croissants to produce each day. The profit per muffin is $1 and the profit per croissant is $1.5. On an average, each muffin takes 3 minutes of labor time and 3 minutes of oven time (of course they are produced in batches. For simplification I have given you the time per piece). Croissants take 10 minutes of labor time and 1 minute of oven time. Starbucks can have its labor dedicated for a maximum of 2 hours every day. The oven time is limited to 6 hours during the night. Due to customer requests Starbucks produces at least 5 croissants every day.
Which of the following statements are TRUE (choose all the correct statements. Choosing wrong answers will incur negative marking)
Producing 10 each of muffins and croissants is feasible and the corresponding profit is $25.
The profit from producing 5 croissants and 5 muffins is $12.5
Producing 10 each of muffins and croissants is infeasible
The profit from producing 5 croissants and 5 muffins is $10
Producing 10 muffins and 8 croissants in a day is feasible AND better than producing 15 muffins and 6 croissants a day.
Producing 10 muffins and 8 croissants in a day is feasible but worse than producing 15 muffins and 6 croissants a day.
