Business
Operations ManagementPractical Management ScienceA feed company produces two types of cattle feed, both consisting totally of wheat and alfalfa. Feed 1 must contain at least 75% wheat, and feed 2 must contain at least 65% alfalfa. Feed 1 sells for $2.50 per pound, and feed 2 sells for $2.10 per pound. The company can purchase up to 10,000 pounds of wheat at $0.75 per pound and up to 8000 pounds of alfalfa at $0.55 per pound. Demand for each type of feed is unlimited. Determine how to maximize the company’s profit.
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A feed company produces two types of cattle feed, both consisting totally of wheat and alfalfa. Feed 1 must contain at least 75% wheat, and feed 2 must contain at least 65% alfalfa. Feed 1 sells for $2.50 per pound, and feed 2 sells for $2.10 per pound. The company can purchase up to 10,000 pounds of wheat at $0.75 per pound and up to 8000 pounds of alfalfa at $0.55 per pound. Demand for each type of feed is unlimited. Determine how to maximize the company’s profit.

BuyFind

Practical Management Science

6th Edition
WINSTON + 1 other
Publisher: Cengage,
ISBN: 9781337406659
BuyFind

Practical Management Science

6th Edition
WINSTON + 1 other
Publisher: Cengage,
ISBN: 9781337406659

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Textbook Problem

A feed company produces two types of cattle feed, both consisting totally of wheat and alfalfa. Feed 1 must contain at least 75% wheat, and feed 2 must contain at least 65% alfalfa. Feed 1 sells for $2.50 per pound, and feed 2 sells for $2.10 per pound. The company can purchase up to 10,000 pounds of wheat at $0.75 per pound and up to 8000 pounds of alfalfa at $0.55 per pound. Demand for each type of feed is unlimited. Determine how to maximize the company’s profit.

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