Question
A farmer produces wheat and soy in his farm of 250 acres. Each acre of wheat produced will earn him a revenue of $50 and
A farmer produces wheat and soy in his farm of 250 acres. Each acre of wheat produced will earn him a revenue of $50 and each acre of soy will earn him a revenue of $65. Planting wheat incurs an expense of 40$ per acre and soy $50 per acre. The farmer must plant at least 10 acres of soy for every acre of wheat. The farmer has an initial amount of $25,000 for the work.
10. What can be the decision variables for the above LP(Linear Programing) problem?
- initial expense of each wheat and soy
- amount of profit of each wheat and soy
- # of acres for each wheat and soy
- not enough information to solve the problem
11. In the question above, what is the number of acres of wheat that should be planted?
- 0
- 150
- 246
- 46
12. in the problem above, whats your advice to the farmer?
- get more investment funds, if possible
- get more land, if possible
- both a and b
- nothing can be changed
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started