8 questions in total, answer them in excel
Description
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(8 points)
Revenues, variable costs
Revenue
Variable cost
Juice
$2.25
$1.35
Bags
$2.00
$1.20
Grades used to make juice and bags
Grade
Juice
Bags
6
10000.0 25000.0
9
90000.0 50000.0
Total Sold
100000
75000
Required average quality
Juice
8
Bags
7
Juice
9
>=
8
Bags
8
>=
7
Quality constraints
Actual
Required
Total variable cost
Total revenue
$225,000
$375,000
Profit
$150,000
Used
35000
140000
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