Mixed with ground pork so the cost is minimized

Assignment Help Operation Management

Reference no: EM132102363

A meat market combines ground beef and ground pork in a single package for meat loaf. The ground beef is 75% lean(75% beef, 25% fat) and costs the market $0.75 per pound(lb). The ground pork is 60% lean and costs the market $0.45 /lb. If the market wants to use at least 50 lb of its available pork, but no more than 200 lb of its available ground beef, how much ground beef should be mixed with ground pork so the cost is minimized? Show your work completely.

Reference no: EM132102363

Questions Cloud

Weaknesses of the management concepts in table-matrix : Illustrate the strengths and weaknesses of the management concepts in a table/matrix.

Management concepts relative to patient safety-medical error : Discuss the strengths and weaknesses of the management concepts relative to patient safety and medical errors.

What are the pros and cons of each approach : Why would the franchise approach potentially be better for global expansion than the company-owned approach? What are the pros and cons of each approach?

What effects-impacts would american policy of protectionism : What effects/impacts would an American policy of protectionism have on organizations, products, and customers?

Mixed with ground pork so the cost is minimized : How much ground beef should be mixed with ground pork so the cost is minimized?

Identify the various stakeholder groups : Identify the various stakeholder groups who impact/will be impacted by your business.

Informational interviews discussing entrepreneurship : A summary of four informational interviews discussing entrepreneurship.

Describe the organization culture : How is conflict handled within the organization? Describe the organization’s culture? How do “things get done around there?

Combination of machines will cost least money to operate : Which combination of machines will cost the least money to operate?

User Account

All Pages