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jill plans to open the common grounds coffee house. initially, she plans to offer an upscale regular coffee and a prized gourmet coffee. her supplier requires a minimum of 60 pounds per order. the regular coffee costs $4.85 per pound and the gourmet coffee costs $6.90 per pound. jill has been told to order at most 25 pounds of gourmet coffee and to expect that at least 60% of the coffee sold will be the regular coffee. how much of each kind should jill order to minimize her coffee costs?

Respuesta :

Jill should order 50 pounds of regular coffee and 25 pounds of gourmet coffee to minimize her coffee costs.

How do you calculate the minimizing cost of the coffee?

The total amount of coffee is 25 pounds + X pounds, where X is the amount of regular coffee. We can set up the equation 60/100 * (25 + X) = X to represent the requirement that at least 60% of the coffee sold should be regular coffee. Solving this equation for X, we find that X = 50 pounds.

What does cost minimization entail?

The reduction of spending on pointless or ineffective processes is known as cost minimization. Any amount of expense reduction will probably have a significant impact on maximizing earnings, whether the adjustments in spending are subtle or extreme.

To know more about cost minimization, visit:

brainly.com/question/28541117

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