2. A farming cooperative mixes two brands of cattle fee. Brand X const $25 per bag, and brand Y costs $20 per bag. Find the number of bags of each brand that should be mixed to produce a mixture having a minimum cost per bag, subject to the following constraints: • Brand X contains 2 units of nutritional element A, 2 units of element B and 2 units of element C • Brand Y contains 1 unit of nutritional element A, 9 units of element B, and 3 units of element C. • The minimum requirements of nutrients A, B, and C are 12 units, 36 units, and 24 units, respectively. 3. A merchant plans to sell two models of MP3 players at costs of $250 and $300. The $250 model yields a profit of $25 per unit and the $300 model yields a profit of $40 per unit. The merchant estimates that the total monthly demand will not exceed 250 units. The merchant does not want to invest more than $65,000 in inventory for these products. What is the optimal inventory level for each model? What is the optimal profit? 4. A fruit grower has 150 acres of land available to raise two crops, A and B. It takes 1 day to trim an acre of crop A and 2 days to trim an acre of crop B, and there are 240 days per year available for trimming. It takes 0.3 day to pick an acre of crop A and 0.1 day to pick an acre of crop B, and there are 30 days available for picking. The profit is $140 per acre for crop A and $235 per acre for crop B. What is the optimal acreage for each fruit? What is the optimal profit?
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For the farming cooperative problem, we can use linear programming to find the optimal mix of the two brands of cattle feed. Let x be the number of bags of Brand X and y be the number of bags of Brand Y. Then, we want to minimize the cost per bag, which is given Show more…
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Madhur L.
Farmer Bill plants wheat and soybeans. He has 300 acres to plant. Each acre of wheat costs $275 to plant, maintain, & harvest, while each acre of soybeans costs $140. Bill has $60,000 to cover his costs. Each acre of wheat will yield 120 bushels of wheat which will sell for $3.00 per bushel. Each acre of soybeans will yield 30 bushels of soybeans which will sell for $6.00 per bushel. After harvest, Bill must store the crops for several months. His storage facility has a maximum capacity of 24,000 bushels. Bill wants to know how many acres of each crop he should plant in order to make the maximum his profit. Which of the following is a constraint for this problem? Maximize the storage limit 120W + 30S = 24,000 85W + 40S = 24,000 Maximize 3W + 6S Both b and c above None of the above
PROBLEM 2: (21 Marks) Agri-Pro is a company that sells agricultural products to farmers in a number of provinces. One service that it provides to customers is custom feed mixing, for which a farmer can order a specific amount of livestock feed and specify the amount of corn, grain, and minerals that the feed should contain. This is an important service because the proper feed for various farm animals changes regularly depending upon the weather, and pasture conditions, for example. Agri-Pro stocks bulk amounts of four types of feeds that it can mix to meet a given customer's specifications. The following table summarizes the four feeds; their composition of corn, grain, and minerals; and the cost per kilogram for each feed type: Agri-Pro has just received an order from a local chicken farmer for 8,000 kilograms of feed. The farmer wants the feed to contain at least 20% corn; at least 15% grain; and at least 15% minerals. a) Develop the model in Excel. (10 marks) b) Solve the problem of finding the least-cost feed mix. Give the quantities of the individual feeds included and the total daily cost. (2 marks) c) In what nutritional elements will you have a surplus? In what quantities? (2 marks) d) Create a Sensitivity Report and answer the following questions: (i) Suppose we forced Feed 3 to be in the solution, what would happen to the objective function's value? (2 marks) (i) What is are the max and min values of the objective function coefficients for Feed 1; Feed 2; and Feed 4 for which the current optimal solution is valid? (3 marks) (ii) What do the shadow prices for the corn and grain constraints mean? What are the maximum and minimum values for the corn and grain constraints for which the current constraint value does not change? (2 marks) Hint: When you define your decision variables use thousands of kilograms as the units.
Sri K.
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