Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mr. Healthnut likes to take daily vitamins. To save money, he purchases multivitamins, but unfortunately none of them have exactly what he wants in regards

Mr. Healthnut likes to take daily vitamins. To save money, he purchases multivitamins, but unfortunately none of them have exactly what he wants in regards to Vitamin A, Iron and Calcium. The Centrum vitamin contains 125 units of Vitamin A, 75 units of Iron and 50 units of Calcium. The Geritol vitamin contains 250 units of Vitamin A, 0 units of Iron and 100 units of Calcium. His goal is to consume 500 units of Vitamin A, 150 units of Iron and 300 units of Calcium each day. Because of pressure from his wife, he insists on taking at least 1 Geritol per day as a minimum. The cost per vitamin is $.02 per Centrum pill and $.03 per Geritol pill. How many of each pill should he consume daily to ensure he meets his minimum goal at the lowest cost and what is that cost? Set up the linear programming problem and answer the following: 3a) How many Centrum pills should he consume daily? 3b) How many Geritol pills should he consume daily? 3c) How much will it cost each day for the pills? 3d) How much will the cost increase if the vitamin A minimum is increased by 1 unit?

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

Entrepreneurial Small Business

Authors: Jerome Katz, Richard Green

5th edition

1259573796, 978-1259573798

More Books

Students also viewed these General Management questions

Question

Where do attitudes come from? How do they change?

Answered: 1 week ago

Question

Express the following ratios in its lowest terms.

Answered: 1 week ago