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A company uses a blend of nitrogen and phosphorus to produce two of its popular fertilizers. - Their AP blend must be at least 45%
A company uses a blend of nitrogen and phosphorus to produce two of its popular fertilizers.
- Their "AP" blend must be at least 45% nitrogen and sells for $160 per kg.
- Their "PSP" blend must be at least 65% phosphorus and sell for $1 per kg.
- They can purchase up to 7,000 kg of nitrogen at $50 per kg, and up to 10,000 kg of phosphorus at $20 per kg.
- Assume that they can sell all fertilizer produced.
What is the optimal blending plan to maximize profit? Build the model in Excel, and use Excel Solver for the solution.
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