Answered step by step
Verified Expert Solution
Question
1 Approved Answer
solve question to minimize the cost of feed Modify the spreadsheet used in Question 2 to solve for feed cost. Here, your objective function line
solve question to minimize the cost of feed
Modify the spreadsheet used in Question 2 to solve for feed cost. Here, your objective function line will have the prices for the ingredients and your objective will be to minimize the cost of the feed (MIN). The line for CP should remain in the spreadsheet, since you are still keeping the same formulation constraints used in Question 2, but solving for minimum cost. Use the following prices: Z=$0.30SBM=$0.41RB=$0.15FO=$2.0 Provide the final cost of the 100kg feed and indicate how the amounts of each ingredient changed from the formulation in Question 2 when prices were not considered Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started