Question: please show excel formulas and how to do in solver. thank you! Styles Tuckered Outfitters plans to market a custom brand of packaged trail mix.

please show excel formulas and how to do in solver. thank you! please show excel formulas and how to do in
Styles Tuckered Outfitters plans to market a custom brand of packaged trail mix. The ingredients for the trail mix will include Raisins, Grain, Chocolate Chips, Peanuts and Almonds costing, respectively, $2.50, $1.50, $2.00, $3.50 and $3.00 per pound. The vitamin, mineral, and protein content of each of the ingredients in grams per pound) is summarized in the following table along with the calories per pound of ingredient: Raisins Grain Peanuts Almonds Vitamins Minerals Protein Calories 20 7 4 450 10 4 2 160 Chocolate Chips 10 5 1 500 30 9 10 300 20 3 1 500 The company would like to identify the least costly mix of these ingredients that provides at least 40 grams of vitamins, 15 grams of minerals, 10 grams of protein, and 600 calories per 2-pound package. Additionally, they want each ingredient to account for at least 5%, and no more than 50% of the weight of the package. 1. Formulate the LP model for this problem 2. Create the spreadsheet model and use Solver to solve the problem. 3. What is the optimal mix, and how much is the total ingredient cost per package? Focus

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!