Question: USE LINGO TO SOLVE 1 . a . Formulate and solve the base model. Report the results and explain one reduced cost and one shadow
USE LINGO TO SOLVE
a Formulate and solve the base model. Report the results and explain one reduced cost and one shadow price as applicable to the problem.
b Remodel the problem # optimal feed mix with the following constraints: Include a budgetary restriction of $ Demand for both feed and feed are restricted to lbs each. Compare and comment on the results with the optimal solution of the base model.
Feedco produces two types of cattle feed, both
consisting totally of wheat and alfalfa. Feed must contain
at least wheat, and feed must contain at least
alfalfa. Feed sells for $ and feed sells for $
Feedco can purchase up to of wheat at and
up to of alfalfa at Demand for each type of
feed is unlimited. Formulate an LP to maximize Feedco's
profit.
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