This year I didn't use a float tray system, but a wick type. The trays were 72 cell, each cell was 1 1/2" square by a little over 2" deep, the medium was 50/50 peat/vermiculite. I was focusing on Flue Cured type tobacco and used this guide for how much of what to put in the water.
http://ipm.ncsu.edu/Production_Guides/Flue-Cured/flue_cured.pdf
The amounts were small, so I used a reloading scale with units in Grains and figured everything in Gr (Grains) / Gallon of water. The materials I used were pretty off the wall, but the recipe worked well for me.
13.6 Gr Miracle-Gro 18-18-21
12.7 Gr Grant's stump remover (Potassium Nitrate 13-0-46)
8.8 Gr Ammonium Nitrate (From instant cold packs)
17.5 Gr Epsom salts
1.1 Gr Borax
At four weeks, I gave them 15.7 Gr/Gal of Ammonium Nitrate. I was using a Gallon per tray and would add water to a mark on the bottom trays to make up for evaporation. I started the seeds on plain water and added the fertilizer mix after a week.
It all worked well for me, the only thing I'm changing next year is to get deeper growing trays.