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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.
Lakonishok Equipment has an investment opportunity in Europe. The project costs €12 million and is expected to produce cash flows of €1.8 million in Year 1, €2.6 million in Year 2, and €3.5 million in Year 3. The current spot exchange rate is $1.36/€..
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St. Johns River Shipyards's welding machine is 15 years old, fully depreciated, obsolete, and has no salvage value. However, even though it is obsolete, it is perfectly functional as originally designed and can be used for quite a while longer. The n..
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