Minimizes the cost of meeting the company daily demands

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Assignment:

A Chemical company manufactures three chemicals: A, B, and C. These chemicals are produced via two production processes: 1 and 2. Running process 1 for an hour costs $400 and yields 300 units of A, 100 units of B, and 100 units of C. Running process 2 for an hour costs $100 and yields 100 units of A and 100 units of B. To meet customer demands, at least 1000 units of A, 300 units of B, and 300 units of C must be produced daily. Determine a daily production plan that minimizes the cost of meeting the company's daily demands.

Reference no: EM133218071

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