Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 . ( Feedbag Food Store ) The Feedbag Food Store sells a feed mix made of alfalfa, barley, and corn meal. The table below

1.(Feedbag Food Store) The Feedbag Food Store sells a feed mix made of alfalfa, barley, and corn meal. The table below gives the percentage of fat, fiber, and protein in each ingredient. Thus, we can see that alfalfa is not only the richest in protein, but also highest in fiber. Each 50 kilograms of mix must contain no more than 8 kilograms of fat, 5 kilograms of fiber, and at least 11 kilograms of protein.
Nutrient Alfalfa Barley Corn Meal Min kg Max kg
Fat 2.5%1.8%3.8%8
Fiber 18.0%8.0%1.5%5
Protein 33.0%21.5%18.6%11
Cost/kg $0.817 $0.844 $0.723
How many kilograms of each ingredient should be used in the mix so that the cost of each 50-kilogram bag is minimized?
a) Formulate the problem as an LP problem.
b) Set this model in Excel. Solve the LP problem using Solver. Attach the Excel output with the LP model, answer report and sensitive report on one page.
c) According to your optimal solution, how many kilograms of each ingredient should be used in the mix? What is the minimum cost per 50-kilogram bag?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Define parent. Define subsidiary. LO1.

Answered: 1 week ago