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I think we are supposed to use linprog on this, but I'm not sure how to set things up to use it. Thanks! Problem 1:
I think we are supposed to use linprog on this, but I'm not sure how to set things up to use it. Thanks!
Problem 1: The use of MATLAB built-in functions A fertilizer mixes three different types of chemicals in their Premium blend which sells for $1 per pound. Their less expensive Regular blend sells for $0.80 per pound and contains only two types of chemicals. The mixing formula is as shown below: Chemicals Blend Premium Requla Amount available 400 Type A Type B Type C 10% 15% 0% 5% 15% 500 15% 300 ounds The remainder 80% of each blend is inert filler material which comes from a nearby pit mine at a cost of $0.10 per pound. An unlimited amount of filler is available. The cost per pound of types A, B and C chemicals are $0.30, $0.25 and $0.21 respectively. Leftover chemicals can be used again and are not wasted. Determine the optimal amount of each blend that should be prepared to maximize profit using any MATLAB built-in function. Problem 1: The use of MATLAB built-in functions A fertilizer mixes three different types of chemicals in their Premium blend which sells for $1 per pound. Their less expensive Regular blend sells for $0.80 per pound and contains only two types of chemicals. The mixing formula is as shown below: Chemicals Blend Premium Requla Amount available 400 Type A Type B Type C 10% 15% 0% 5% 15% 500 15% 300 ounds The remainder 80% of each blend is inert filler material which comes from a nearby pit mine at a cost of $0.10 per pound. An unlimited amount of filler is available. The cost per pound of types A, B and C chemicals are $0.30, $0.25 and $0.21 respectively. Leftover chemicals can be used again and are not wasted. Determine the optimal amount of each blend that should be prepared to maximize profit using any MATLAB built-in functionStep by Step Solution
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