Local Value Farms uses two types of manure which contain the following chemicals. Type A Type B Magnesium 18 3 Copper 5 2 Zinc 2 5 For a certain crop the following minimum quantities (kg) are required. Magnesium 100 Copper 50 Zinc 40 Type A cost $10 per kg and Type B costs $5 per kg. Local Value Farms Ltd currently buys arbitrarily 1,000 kg of each of manure. However, it wishes to minimise its expenditure on manure. Find: Dons a. By defining your variables, find the inequalities and objective function that represent the above information. From MS Excel Solver, using either the Answer or Sensitivity Report, state: b. the quantities of Type A and Type B which should be bought and the costs of buying this optimal mix. c. the value and nature of the objective coefficient for Type A manure.

Local Value Farms uses two types of manure which contain the following chemicals. Type A Type B Magnesium 18 3 Copper 5 2 Zinc 2 5 For a certain crop the following minimum quantities (kg) are required. Magnesium 100 Copper 50 Zinc 40 Type A cost $10 per kg and Type B costs $5 per kg. Local Value Farms Ltd currently buys arbitrarily 1,000 kg of each of manure. However, it wishes to minimise its expenditure on manure. Find: Dons a. By defining your variables, find the inequalities and objective function that represent the above information. From MS Excel Solver, using either the Answer or Sensitivity Report, state: b. the quantities of Type A and Type B which should be bought and the costs of buying this optimal mix. c. the value and nature of the objective coefficient for Type A manure.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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