4. The GigantaGrow Company produces two high-quality fertilizer products: Super Nitro and Yieldmore Nitro. Each fertilizer...

 

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4. The GigantaGrow Company produces two high-quality fertilizer products: Super Nitro and Yieldmore Nitro. Each fertilizer product is produced in tons. Each ton of Super Nitro has a gross profit margin of $25, and one ton of Yieldmore Nitro has a gross profit margin of $30. The company wants to produce the amount of each product that will yield the greatest profit margin per day. Two raw materials (A and B) which yield the active ingredients in the fertilizer mixtures are used in the production of Super Nitro and Yieldmore Nitro. A ton of material Super Nitro requires 425 pounds of material A and 315 pounds of material B. A ton of Yieldmore Nitro requires 305 pounds of material A and 610 pounds of material B. There is 6500 pounds of material A available each day and 9000 pounds of material B available each day. 2pts. a) ) Describe in words the relevant economic graph and optimal decision rule for this problem. Activate Windows 4. The GigantaGrow Company produces two high-quality fertilizer products: Super Nitro and Yieldmore Nitro. Each fertilizer product is produced in tons. Each ton of Super Nitro has a gross profit margin of $25, and one ton of Yieldmore Nitro has a gross profit margin of $30. The company wants to produce the amount of each product that will yield the greatest profit margin per day. Two raw materials (A and B) which yield the active ingredients in the fertilizer mixtures are used in the production of Super Nitro and Yieldmore Nitro. A ton of material Super Nitro requires 425 pounds of material A and 315 pounds of material B. A ton of Yieldmore Nitro requires 305 pounds of material A and 610 pounds of material B. There is 6500 pounds of material A available each day and 9000 pounds of material B available each day. 2pts. a) ) Describe in words the relevant economic graph and optimal decision rule for this problem. Activate Windows

Answer rating: 100% (QA)

The most relevant economic graph for this scenario would be the one illustrating a linear programmin... View the full answer