Feedco (see Problem 13) has decided to give its customer (assume it has only one customer) a
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Feedco (see Problem 13) has decided to give its customer (assume it has only one customer) a quantity discount. If the customer purchases more than 300 lb of feed 1, each pound over the first 300 lb will sell for only
$1.25/lb. Similarly, if the customer purchases more than 300 pounds of feed 2, each pound over the first 300 lb will sell for $1.00/lb. Modify the LP of Problem 13 to account for the presence of quantity discounts. (Hint: Define variables for the feed sold at each price.)
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Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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