Determining cheapest way of manufacturing item

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Reference no: EM1321832

Q1) New Age Pharmaceuticals manufactures the drug NasaMist from 4 chemicals. Today, company should manufacture1000 pounds of drug. Three active ingredients in NasaMist are A, B, and C. By weight, at least 8% of NasaMist should consist of A, at least 4% of B, and at least 2% of C. Cost per pound of each chemical and amount of each active ingredient in 1 pound each of chemical. It is essential that at least 100 pounds of chemical 2 are utilized. Find out the cheapest way of manufacturing today's batch of NasaMist.

NewAge data

Cost/lb of chemicals

Chemical 1

$8

Chemical 2

$10

Chemical 3

$11

Chemical 4

$14

 

Ingredient/lb of chemical

 

 

A

B

C

Chemical 1

0.03

0.02

0.01

Chemical 2

0.06

0.04

0.01

Chemical 3

0.10

0.03

0.04

Chemical 4

0.12

0.09

0.04

Reference no: EM1321832

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