Based on 3.8 problem 7: Eli Daisy uses chemicals 1 and 2 to produce two drugs. Drug 1 must be at least 70% chemical 1, a

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Based On 3 8 Problem 7 Eli Daisy Uses Chemicals 1 And 2 To Produce Two Drugs Drug 1 Must Be At Least 70 Chemical 1 A 1 (99.35 KiB) Viewed 284 times

Based on 3.8 problem 7: Eli Daisy uses chemicals 1 and 2 to produce two drugs. Drug 1 must be at least 70% chemical 1, and Drug 2 must be at least 60% chemical 2. Up to 112 oz of Drug 1 can be sold at $8 per oz; up to 84 oz of Drug 2 can be sold at $6 per oz. Up to 126 oz of chemical 1 can be purchased at $5 per oz, and up to 110 oz of chemical 2 can be purchased at $4 per oz. Formulate an LP that can be used to maximize profits. Define your decision variables but, please use, e.g. x12 for oz of Chem1 in Drug 2 What is the optimal profit? z = 145.6 How much of Drug 1 will be produced? 112 How much of Chemical 2 will be purchased? 112