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The Production Planner for Fine Coffees, Inc

question 27

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The production planner for Fine Coffees, Inc. produces two coffee blends: American (A) and British (B) . He can only get 300 pounds of Colombian beans per week and 200 pounds of Dominican beans per week. Each pound of American blend coffee requires 12 ounces of Colombian beans and 4 ounces of Dominican beans, while a pound of British blend coffee uses 8 ounces of each type of bean. Profits for the American blend are $2.00 per pound, and profits for the British blend are $1.00 per pound. The goal of Fine Coffees, Inc. is to maximize profits.
What is the constraint for Dominican beans?


Definitions:

Sample Correlation Coefficient

A numerical value that determines both the magnitude and direction of a straight-line association between two variables measured quantitatively in a given sample.

Dependent Variable

The outcome factor whose variations are studied to determine the effect of one or more independent variables.

Independent Variable

A variable presumed to influence or determine the value of another variable, often called the dependent variable.

Coefficient Of Correlation

A statistical measure that calculates the strength and direction of a linear relationship between two quantitative variables, ranging from -1 to 1.

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