Using chance-constrained programming for animal feed formulation at Agway

Using chance-constrained programming for animal feed formulation at Agway

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Article ID: iaor19942238
Country: United States
Volume: 24
Issue: 2
Start Page Number: 53
End Page Number: 58
Publication Date: Mar 1994
Journal: Interfaces
Authors: , , ,
Keywords: programming: nonlinear
Abstract:

Agway uses chance-constrained programming to formulate commercial feeds for animals. The finished feeds averaged 40 percent greater nutritional consistency and were lower in cost than feeds formulated by traditional linear programming with a margin of safety. Formulating animal feeds by chance-constrained programming saves Agway, Inc. more than $250000 per year.

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