A feed company produces two types of cattle feed, both consisting totally of wheat and alfalfa. Feed

Question:

A feed company produces two types of cattle feed, both consisting totally of wheat and alfalfa. Feed 1 must contain at least 80% wheat, and feed 2 must contain at least 60% alfalfa. Feed 1 sells for $1.50 per pound, and feed 2 sells for $1.30 per pound. The company can purchase up to 1000 pounds of wheat at $0.50 per pound and up to 800 pounds of alfalfa at $0.40 per pound. Demand for each type of feed is unlimited. Determine how to maximize the company’s profit.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Practical Management Science

ISBN: 978-1305250901

5th edition

Authors: Wayne L. Winston, Christian Albright

Question Posted: