Answer:
470.59x₁ + 329,41x₂ = $437.65
Explanation:
minimize: 0.30x₁ + 0.90x₂
where:
x₁ = pounds of corn
x₂ = pounds of soybean
constraints:
x₁ + x₂ ≥ 800
0.09x₁ + 0.60x₂ ≥ 0.30(800) ⇒ 0.09x₁ + 0.60x₂ ≥ 240
0.02x₁ + 0.06x₂ ≤ 0.05(800) ⇒ 0.02x₁ + 0.06x₂ ≤ 40
x₁ ≥ 0
x₂ ≥ 0
the optimal solution is: 470.59x₁ + 329,41x₂ = $437.65