Business, 01.01.2021 21:50 SenpaiTaii
Question Number 1. Addis Fertilizer Company makes a fertilizer using two chemicals that provide nitrogen, phosphate, and potassium. A pound of ingredient 1 contributes 10 ounces of nitrogen and 6 ounces of phosphate, while a pound of ingredient 2 contributes 2 ounces of nitrogen, 6 ounces of phosphate, and 1 ounce of potassium. Ingredient 1 costs $3 per pound, and ingredient 2 costs $5 per pound. The company wants to know how many pounds of each chemical ingredient to put into a bag of fertilizer to meet the minimum requirements of 20 ounces of nitrogen, 36 ounces of phosphate, and 2 ounces of potassium while minimizing cost.
a. Formulate a linear programming model for this problem. 2 points
b. Solve this model by using graphic method. 3 points
Answers: 1
Business, 21.06.2019 14:20
Gemini inc.'s optimal cash transfer amount, using the baumol model, is $60,000. the firm's fixed cost per cash transfer of marketable securities to cash is $180, and the total cash needed for transactions annually is $960,000. on what opportunity cost of holding cash was this analysis based?
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When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
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Question Number 1. Addis Fertilizer Company makes a fertilizer using two chemicals that provide nitr...
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