[Step-by-Step] The ABC dog food company manufactures the following 3 different grades of food: Regular grade Small breed grade Premium grade Regular
Question: The ABC dog food company manufactures the following 3 different grades of food:
Regular grade
Small breed grade
Premium grade
Regular grade sells for $19 a bag, small breed sells for $25 a bag, and premium sells for $35 a bag. It costs $5, $10, and $15 in raw materials to produce each product, respectively. The maximum demand is 3,000 bags, 1,800 bags, and 2,300 bags respectively.
The company has allocated $200,000 for raw material expenses. Formulate an LP model to maximize profit.
Deliverable: Word Document 