meat packing house is creating a new variety of hot dog for the low-calorie, low-fat, low-cholesterol mar- ket. This new hot dog will be made of beef and pork, plus either chicken, turkey, or both. It will be marketed as a 2-ounce all-meat hot dog, with no fillers. Also, it will have no more than 6 grams of fat, no more than 27 grams of cholesterol, and no more than 100 calories. The cost per pound for beef, pork, chicken, and turkey, plus their calorie, fat, and choles terol counts are shown in the following table:
The packer would like each 2-ounce hot dog to be at least 25% beef and at least 25% pork.what is most economical combination of the four meats to make this hot dog?
Solve the given problem scenario for the meatpacking house by recommending the most economical combination of four meats to make this hot dog. Formulate and set up the problem using the most appropriate technique in Excel Solver.
The Excel set-up should provide clearly labeled values used for the decision variables, constraints, and objective function.