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Minimum Cost: Amount of bluegrass: Amount of rye: Amount of Bermuda: dollars lbs lbs lbs

Minimum Cost: Amount of bluegrass: Amount of rye: Amount of Bermuda: dollars lbs lbs lbs

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Topgrade Turf lawn seed mixture contains three types of seed: bluegrass, rye, and Bermuda. The costs per pound of the three types of seed are 24 cents, 14 cents, and 10 cents, respectively. In each batch there must be at least 25% bluegrass seed, and the amount of Bermuda must be no more than 2/3 the amount of rye. To fill current orders, the company must make at least 6000 lb of the mixture. How much of each kind of seed should the be used to minimize cost? Minimum Cost: Amount of bluegrass: Amount of rye: Amount of Bermuda: dollars lbs lbs lbs
Transcribed Image Text:Topgrade Turf lawn seed mixture contains three types of seed: bluegrass, rye, and Bermuda. The costs per pound of the three types of seed are 24 cents, 14 cents, and 10 cents, respectively. In each batch there must be at least 25% bluegrass seed, and the amount of Bermuda must be no more than 2/3 the amount of rye. To fill current orders, the company must make at least 6000 lb of the mixture. How much of each kind of seed should the be used to minimize cost? Minimum Cost: Amount of bluegrass: Amount of rye: Amount of Bermuda: dollars lbs lbs lbs
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