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
1. 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 #1( optimal feed mix) with the following constraints: - Include a budgetary restriction of $750.- Demand for both feed1 and feed 2 are restricted to 1000lbs 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 1 must contain
at least 80% wheat, and feed 2 must contain at least 60%
alfalfa. Feed 1 sells for $1.50lb, and feed 2 sells for $1.30lb.
Feedco can purchase up to 1,000lb of wheat at 50clb and
up to 800lb of alfalfa at 40dlb. Demand for each type of
feed is unlimited. Formulate an LP to maximize Feedco's
profit.
 USE LINGO TO SOLVE 1. a. Formulate and solve the base

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