Using Chance-Constrained Programming for Animal Feed Formulation at Agway
Published Online:1 Apr 1994https://doi.org/10.1287/inte.24.2.53
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 $250,000 per year.
