Cheapest way of producing today batch of nasamist

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A pharmaceutical company produces the drug NasaMist from four chemicals. Today, the company must produce 1000 pounds of the drug. The tree active ingredients in NasaMist are A, B, and C. By weight, at least 8% of NasaMist must consist of A, at least 4% of B, and at least 2% of C. The cost per pound of each chemical and the amount of each active ingredient in one pound of each chemical are given in the file P14_80.xlsx. It is necessary that at least 100 pounds of chemical 2 and at least 450 pounds of chemical 3 be used.

a.) Determine the cheapest way of producing today's batch of NasaMist

The Excel Solver Add-in is used to solve the problem. I'm having difficulty setting up the model in EXCEL.

Reference no: EM132836738

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