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Solve the Linear Programming Problem

question 351

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Solve the linear programming problem.
-A candy company has 135 pounds of cashews and 180 pounds of peanuts which they combine into twodifferent mixes. The deluxe mix has half cashews and half peanuts and sells for $6 per pound. Theeconomy mix has one third cashews and two thirds peanuts and sells for $5.90 per pound. How manypounds of each mix should be prepared for maximum revenue?


Definitions:

Interest

The cost of borrowing money, typically expressed as an annual percentage of the loan amount.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenue.

Profits

The financial gain obtained when the revenue from business activities exceeds expenses, costs, and taxes.

Retained Earnings

The portion of net income that is kept within a company rather than distributed to shareholders as dividends.

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