An animal feed to be mixed from soybean meal and oats must contain at least
What is the minimum cost?
(Round to the nearest cent as needed.)
Final Answer: The minimum cost to satisfy the minimum requirements is approximately
Step 1 :We denote the number of sacks of soybeans as x and the number of sacks of oats as y. The cost function to be minimized is
Step 2 :We have the following constraints:
Step 3 :We also have the constraints
Step 4 :By solving this linear programming problem, we find that the optimal value of the cost function is approximately $51.28.
Step 5 :This means that the minimum cost to satisfy the minimum requirements is $51.28.
Step 6 :The values of x and y are approximately 2.02 and 1.26 respectively.
Step 7 :This means that approximately 2 sacks of soybeans and 1 sack of oats should be used to satisfy the minimum requirements at minimum cost.
Step 8 :Final Answer: The minimum cost to satisfy the minimum requirements is approximately