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The Production Manager for the Coory Soft Drink Company Is

question 53

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The production manager for the Coory soft drink company is considering the production of two kinds of soft drinks: regular (R) and diet (D) . Two of her limited resources are production time (8 hours = 480 minutes per day) and syrup (1 of the ingredients) , limited to 675 gallons per day. To produce a regular case requires 2 minutes and 5 gallons of syrup, while a diet case needs 4 minutes and 3 gallons of syrup. Profits for regular soft drink are $3.00 per case and profits for diet soft drink are $2.00 per case. What is the objective function?


Definitions:

Maturity Value

The total amount payable to an investor at the end of a security's hold period, including both the principal and interest.

Maturity Value

The total amount that will be paid to an investor at the maturity date of a financial instrument, including principal and interest.

Bank Discount

The difference between the face value of a banknote or security and its selling price, before it reaches its maturity.

Discount Period

The time frame within which a buyer can pay less than the full amount due by taking advantage of a discount offered by the seller.

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