What'sBest!
Chance-constrained Blending

Problem: Blending elements with various qualities into the lowest-cost product to meet designated quality requirements, but quality content in the constituent elements varies at random, making the model non-linear.

Try What'sBest!
RISK FREE 
for 30 days

Click here to download

The standard Blending example is a deterministic model - the Nutrient content of the different grains to be incorporated in the finished feed were known and constant. 

However, what if the nutrient content is not so reliable? What if the content varies at random? This model is nonlinear and perhaps more likely to occur in the real world.

For example - you must determine how much of four available grains to include in blended feed, in circumstances under which the content of one of the nutrients varies at random, to meet nutrient requirements with some degree of certainty.

Previous Model | Back to Top | Next Model

remarkable
Optimisers

 

Unless specified otherwise, the entire contents of this site are protected by copyright.
(c) 1999-2010 Noel Ferguson / Remarkable Ideas Ltd. All Rights Reserved.
Postal Address: PO Box 633, Tokoroa 3444, Waikato, New Zealand
Mobile: +64-27-306-8999 After Hours: +64-7-886-0445