Real-Life Math -- Solution
The cost for recipe number 1 would be:
10 pounds wheat flour
x $1.45 per pound = $14.50
3 pounds butter x $3.15 per pound = $9.45
1
gallon milk x $3.99 per gallon = $3.99
Spices and leavening agents = $1.79
10
pounds ground pork x $2.99 per pound = $29.90
7 pounds ground beef x $3.99
per pound = $27.93
$2.35 per dozen eggs
0.5 pounds cane sugar x $2.49
per pound = $1.25
Total = $14.50 + $9.45 + $3.99 + $1.79
+ $29.90 + $27.93 + $2.35 + $1.25
Total = $91.16
The
cost for recipe number 2 would be:
8 pounds wheat flour x $1.45 per
pound = $11.60
2 pounds potato starch x $1.25 per pound = $2.50
1
pound shortening x $2.25 per pound = $2.25
1.25 gallons milk x $3.99 per
gallon = $4.99
Spices and leavening agents = $1.79
9 pounds ground
pork x $2.99 per pound = $26.91
8 pounds ground turkey x $3.35 per pound
= $26.80
*NOTE: You have to convert eggs to dozens.
(14 eggs / 12
eggs per dozen)
1.17 dozen eggs x $2.35 per dozen = $2.75
0.25 pound
cane sugar x $2.49 per pound = $0.63
Total = $11.60 + $2.50
+ $2.25 + $4.99 + $1.79 + $26.91 + $26.80 + $2.75 + $0.63
Total
= $80.22
Therefore, recipe number 2 has the least cost formulation.
"When
you do lowest cost formulations, you are trying to mix various ingredients
so as to have a minimal cost," says Kevin Swallow. He is a cereal
chemist. "However, the specifications of products are quite defined."