Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ABC company produces two types of feeds, M1 and G2. Sorghum and corn are the two ingredients of these feeds. M1 requires one pound of

ABC company produces two types of feeds, M1 and G2. Sorghum and corn are the two ingredients of these feeds. M1 requires one pound of sorghum while G2 requires two pounds. Also, M1 requires two pounds of corn while G2 requires one pound. There are 300,000 pounds of sorghum and 200,000 pounds of corn available per month. Due to some limitations, the company can only manufacture at most 80,000 packages per month. One package of M1 is sold at Php 280.00 while for G2, Php 200.00. Note that the cost for blending and packing is Php 2.50 per package for M1 and Php 2.00 per package for G2. Further, one pound of sorghum costs Php 2.00 while one pound of corn is more expensive by Php 3.00. The company holds that it can sell packages as much as it can produce.

Formulate the LP model.

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

Bank Performance, Risk And Firm Financing

Authors: P. Molyneux

1st Edition

0230313353, 9780230313354

More Books

Students also viewed these Accounting questions

Question

=+What does this say for the future of the business case for CSR?

Answered: 1 week ago