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Suppose an animal feed to be mixed from soybean meal and oats must contain at least 100 lb of protein, 20 lb of fat, and 9 lb of mineral ash. Each 100-lb sack of soybean meal costs $20 and contains 50 lb of protein, 10 lb of fat,And 8 lb of mineral ash. Each 100-lb sack of oats costs $10 and contains 20 lb of protein, 5 lb of fat, and 1 lb of Mineral ash. How many sacks of each should be used to satisfy the minimum requirements at minimum cost?
Fractional sacks are allowed.
Franchisor
A franchisor is a business that grants licenses to franchisees for the operation of a business under the franchisor's brand and system.
Franchise
A type of business relationship where a franchisor allows a franchisee to use its trademark, products, and business model in exchange for a fee.
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A business structure where a single individual both owns and operates the business, and is responsible for all its debts and liabilities.
Concession Sales
The activity of selling food, beverages, or merchandise at sports, entertainment venues, or other events.
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