Question: Linear Programming for Cost Minimization ( Team Member 2 ) Formulate a linear programming model to minimize the cost of raw sunflower seeds. Use forecasted
Linear Programming for Cost Minimization Team Member Formulate a linear programming model to minimize the cost of raw sunflower seeds. Use forecasted average sunflower seed price to calculate supplier prices. Ensure the constraints include:o Meeting production capacity short tonsday on averageo Considering supplierspecific pricing and quality constraints eg oleic acid, iodine contento The contract requirement to commit to of total capacity. Solve the model using Excel or another optimization tool.
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