## Answered) Sheez Nuts, Inc. determined that their cocktail nut mix should have the following minimum requirements in the 1 lb. can they sell for \$3. At least...

Sheez Nuts, Inc. determined that their cocktail nut mix should have the following minimum requirements in the 1 lb. can they sell for \$3.99.

At least 10% almonds. Almonds cost \$2.50 a pound.

A maximum of 50% peanuts at \$1.40 a pound.

At least 20% walnuts at \$2.25 a pound,

A maximum of 40% cashews at \$2.00 a pound.

The can costs \$0.10

a)Â Â Â Â Find the proportion of these nuts by weight to maximize profit.

b)Â Â Â Â What is their profit per can?

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This question was answered on: Sep 05, 2019

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