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Answer to Question #42664 in Other Economics for Amaar

Question #42664
As a chemist, Davis Golding blends his own fertilizer, called “Golding-Grow.” It consists of 4 chemical compounds, C-30, C-92, D-21, and E-11. The cost per pound for each compound is indicated as follows: Chemical compound Cost per pound ($) C-30 0.14 C-92 0.1 D-21 0.11 E-11 0.06 The specifications for Golding-Grow are as follows: (1) E-11 must constitute at least 15% of the blend; (2) C-92 and C-30 must together constitute at least 45% of the blend; (3) D-21 and C-92 can together constitute no more than 20% of the blend; and (4) Golding-Glow is packed and sold in 50-pounds bags. a) Formulate a LP problem to determine what blend of the four chemicals will allow Golding to minimize the cost of a 50-pound bag of the fertilizer. Explain clearly how you formulate the constraints. b) Solve using a computer to find the best solution.
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22.05.14, 16:32

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20.05.14, 17:00

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