Examlex

Solved

A Pork Producer Is Considering Two Types of Feed That

question 11

Multiple Choice

A pork producer is considering two types of feed that contain the necessary ingredients for the nutritional requirements for fattening hogs. Brand X contains 2 units of ingredient A per pound and 15 units of ingredient B per pound, Brand Y contains 15 units of ingredient A per pound and 2 units of ingredient B per pound. The nutritional requirements for the hogs are at least 120 units of ingredient A and at least ​237 units of ingredient B. If brand X costs 65 cents per pound and brand Y costs 80 cents per pound, how many pounds of each brand should be bought to satisfy the nutritional requirements at minimum cost? ​


Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them a part of the ownership of the company and potentially a claim on part of its assets and earnings.

Municipal Bond

A debt security issued by municipalities to finance their capital expenditures, typically tax-exempt for investors.

Government Bonds

Securities issued by a government to finance its expenditures, offering a fixed interest rate over a certain period.

Federal Income Tax

A charge imposed by the US federal government on the yearly income of persons, companies, trusts, and other entities.

Related Questions