Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A farmer has 15 acres to plant in corn and soy beans. The farmer has to plant at least 9 acres. However, the farmer has

A farmer has 15 acres to plant in corn and soy beans. The farmer has to plant at least 9 acres. However, the farmer has only $1200 to spend. Each acre of corn costs $200 to plant and each acre of soy beans costs $100 to plant. Moreover, the farmer has to get the planting done in 12 hours and it takes an hour to plant an acre of corn and 2 hours to plant an acre of soy beans. The profit is $300 per acre of corn and $700 per acre of soy beans. If corn is variable X and soy beans is variable Y, what is the objective function if the farmer wants to maximize profits?

1.

9 < X + Y < 15

2.

1X + 2 Y < 12

3.

300X + 700Y = Z

4.

200X + 100Y = Z

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

How is the NDAA used to shape defense policies indirectly?

Answered: 1 week ago