A chemical company wishes to mix three elements (E, F, and G) to create three alloys (X,

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A chemical company wishes to mix three elements (E, F, and G) to create three alloys (X, Y, and Z). The costs of
The elements are as shown in the following table.
To maintain the required quality for each alloy, it is necessary to specify certain maximum or minimum percentages of the elements. These are as shown in the following table.
A chemical company wishes to mix three elements (E, F,

The usage of each element is limited to 5,000 tons, and the total usage of all three elements is limited to 10,000 tons. Further, due to the relatively uncertain demand for alloy Z, the company would like to ensure that Z constitutes no more than 30% of the total quantity of the three alloys produced. Determine the mix of the three elements that will maximize profit under these conditions.

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Managerial Decision Modeling With Spreadsheets

ISBN: 9780136115830

3rd Edition

Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair

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