Simplex Minimization (Quantitative Techniques in Business)
Simplex Minimization (Quantitative Techniques in Business)
Libeeth B. Guevarra
Department of Mathematics and Natural Sciences
The Jay Gee Bull Ranch has plans to sell cattle to a large meat
packaging plant. The manager of the ranch believes that each cattle
should receive a minimum of 240 oz of nutritional ingredients A and
a minimum of 150 oz of nutritional ingredients B each week. There
are two grains available which contain both types of nutritional
ingredients. One bag of grain 1 contains 12 oz of ingredients A and
25 oz of ingredients B and costs P140 per bag; one bag of grain 2
contains 20 oz of ingredients A and five (5) oz of ingredients B and
costs P120per bag. Determine the optimum mixture of grains and
the associated minimum cost.