Chapter 2 Project
HOT! HOT! HOT!
As an owner of the business, i would like to minimize and maximize many profits and costs to satisfy the costumers.
For the Sizzlin' Sauce sauce that I bought 1050 green peppers and 1200 hot chili peppers. The inequality y<= -5/4x+262.6 and y<= -1/2x+150. Both x and y equals 0. With the solution of (0,0) you would have 1050 green peppers, and 1200 hot chili peppers left over.
With the vertex of (0, 150)...you would use 150 pints of red hot sauce, and 75 pints of scorchin' hot sauce. Therefore, the maximum profit would be about $255.
1pt of tomato sauce: $2.20
Green pepper diced: $.57
Chili pepper seeded and diced: $.50
I would set my products to be $7.05 for the Hot sauce and $8.48 for the Scorchin' sauce. The reason those prices would maintain my profit is because with all the ingredients added into the sauce, i wouldn't be losing any money from the purchase.
I would likely sell my product to the local grocery or speciality store. The market organization would buy 288 pints about every 8 weeks. In addition the speciality stores could buy 60 pints every 4 weeks. Any other convient store could invest in about 24 pints a week.
To maintain and obtain these orders i would have to produce about 75 pints each week.