Bloomington Brewery produces beer and ale. Beer sells for $5 per barrel, and ale sells for $2 per barrel. Producing a barrel of beer requires 5 pounds of malt and 2 pounds of hops. Producing a barrel of ale requires 2 pounds of corn and 1 pound of hops. The brewery has 60 pounds of corn and 25 pounds of hops.
a. Use Solver to maximize Bloomington Brewery’s revenue.
b. Confirm graphically that the solution in part a maximizes Bloomington Brewery’s revenue.
c. Starting with the optimal solution, use SolverTable to either substantiate or refute the followingstatements: The availability of corn can decrease by any amount (up to 60 pounds), and each unit decrease will cost Bloomington Brewery the same amount in terms of lost revenue. On the other hand, increases in the availability of corn do not have a constant effect on total revenue; the first few extra units have a larger effect than subsequent units.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here