Question: Problem 2 : Assume you have some 1 3 5 lb . hogs on feed and would like to have them gain another 1 3
Problem :
Assume you have some lb hogs on feed and would
like to have them gain another lbs before they are sold.
Research has shown that any one of the following
combinations of corn and soybean oil meal SBOM will
put lbs of gain on a hog. Your problem is to
find the combination ie Ration Number which will put
on the gain for the least cost. Complete the table and
answer the questions which follow.
For each price combination, compute the price ratio
and find the corresponding leastcost ration.
Price LeastCost
Ratio Ration No
a Corn at per lb SBOM at per lb
b Corn at per lb SBOM at per lb
c Corn at per lb SBOM at per lb
d Corn at per lb SBOM at per lb
e Corn at per lb SBOM at per lb
If corn costs per lb what would SBOM have to
cost to make ration # the leastcost ration? SHOW
WORK!
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