Question: Please solve for 25lb bag using sensitivity analysis and matrix method please! Please don't copy another answer, thank you!!! 'Golding Grow'. It consists of four

Please solve for 25lb bag using sensitivity analysis and matrix method please!
Please don't copy another answer, thank you!!! Please solve for 25lb bag using sensitivity
'Golding Grow'. It consists of four chemical compounds, C-30, C-92, D-21, and E-11. The cost per pound for each compound is indicated in following table. Chemical Compound C-30 C-92 D-21 E-11 Cost per Pound $0.12 0.09 0.11 0.04 The specifications for 'Golding Grow' are established as: Chemical E-11 must comprise at least 15% of the blend. C-92 and C-30 must together constitute at least 45% of the blend. D-21 and C-92 can together constitute no more than 30% of blend. 'Golding Grow' will be packed and sold in 50 pound bags. However, they are interested to know if they change the bag size to 25 pound, would it be worth for them or not. With all these conditions, both Kishore and Jennet approached you as OR specialist for consultancy. They are interested to keep the cost as minimum. Prepare a solution report for them

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!