Formulate given problem and solve for the optimal daily mix

Assignment Help Operation Management

Reference no: EM131926203

Problem

A boarding stable feeds and houses work horses used to pull tourist-filled carriages through the streets of a historic city. The stable owner wishes to strike a balance between a healthy nutritional standard for the horses and the daily cost of feed. This type of horse must consume exactly 5 pounds of feed per day. The feed mixes available are an oat product, a highly enriched grain, and a mineral product. Each of these mixes contains a predictable amount of five ingredients needed daily to keep the average horse healthy. The table at the bottom of this page shows these minimum requirements, units of each nutrient per pound of feed mix, and costs for the three mixes.

Formulate this problem and solve for the optimal daily mix of the three feeds.

Reference no: EM131926203

Questions Cloud

Identify the lowest cost combination of food items : Identify the lowest cost combination of food items that Clint should use for his diet. Would you characterize your solution in (a) as a well-balanced diet?

Simple interest on its savings account balances : If you made a $70,000 deposit in each bank, how much more money would you earn from your Second City Bank account at the end of 9 years?

What was foreign exchange loss incurred on the transaction : Siam Cement, the Bangkok-based cement manufacturer, suffered enormous losses with the coming of the Asian crisis in 1997. The company had been pursuing.

Market rate of return for type of security : How much should you expect to pay per share if the market rate of return for this type of security is 5% at the time of your purchase?

Formulate given problem and solve for the optimal daily mix : A boarding stable feeds and houses work horses used to pull tourist-filled carriages. Formulate this problem and solve for optimal daily mix of the three feeds.

What is the annuity worth today : Ms. Letup will receive $600 per year at the end of each year for 35 years. What is this annuity worth today if money can be invested to earn 6.5% per year?

Calculate kp for the reaction : A reaction vessel contains an equilibrium mixture of SO2, O2, and SO3. The reaction proceeds such that:

Prepare a table of future taxable and deductible amounts : Estimated warranty expense of $800,000 will be deductible in 2013, $300,000 in 2014, and $100,000 in 2015. The use of the depreciable assets will result.

Market value of nwc and the market value of fixed assets : What is the sum of the market value of NWC and the market value of fixed assets?

User Account

All Pages