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A farmer has 1000 acres of land on which he can grow corn, wheat, and soybean. The following table lists the cost of preparation for

A farmer has 1000 acres of land on which he can grow corn, wheat, and soybean.

The following table lists the cost of preparation for each acre, man-days of work

required and profit yielded in $. The farmer has $100,000 for preparation and can

count on 8000 man-days of work. How will the farmer allocate his land to get

maximum profit?

Cost ($) Work Days Profit ($)

Corn 100 7 30

Wheat 120 10 40

Soybean 70 8 20

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