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A candy company has 111kg of chocolate- covered nuts and 69kg of chocolate- covered raisins to be sold as two different mixs. One mix will contain half nuts and half raisins and will sell for $7 per kg. The other mix contain 3/4 nuts and 1/4 raisins and will sale for $9.50 per kg.

a) How many kilograms of each mix should the company prepare for the maximum revenue? Find Maximum revenue.

The company should prepare__kg of the first mix and __kg of the second mix for a maximum revenue of $__.

b) The company raises the price of the second mix to $11 per kg. Now how many kilograms of each mix should the company prepare for the maximum revenue? Find maximum revenue.

The company should prepare__kg of the first mix and __kg of the second mix for a maximum revenue of $__.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91380233

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