Answer to Question #254596 in Finance for Mickey

Question #254596

Domestic cows can be bought for $200 each but Hybrid cows cost $500 each. The domestic cows produce 30 gallons of milk per week and the Hybrid ones produce 50 gallons of milk per week. A gallon of milk can be sold for $3. A cow costs $100 per week to feed. If the financial constraint is to spend $8000 for cows and the capacity constraint is that total number of cows to be bought cannot exceed 20 cows. Formulate a linear programming model for this problem and find the optimal combination of domestic and hybrid cows that maximize the total profit earned using the graphic Method 

Expert's answer
Dear Mickey, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be the first!

Leave a comment

Ask Your question

New on Blog