Question
Farmer Jones must determine how many acres of com and wheat to plant this year. An acre of wheat yields 25 bushels of wheat and
Farmer Jones must determine how many acres of com and wheat to plant this year. An acre of wheat yields 25 bushels of wheat and requires 10 hours of labor per week. An acre of corn yields 10 bushels of corn and requires 4 hours of labor per week. All wheat can be sold at $4 a bushel, and all com can be sold at $3 a bushel. Seven acres of land and 40 hours per week of labor are available. Government regulations requite that at least 30 bushels of corn be produced during the current year. Let x1 = number of acres of corn planted, and x2 = number of acres of wheat planted. Using these decision variables, formulate an LP whose solution will tell Farmer Jones how to maximize the total revenue from wheat and corn.
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Managerial Decision Modeling With Spreadsheets
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
3rd Edition
136115837, 978-0136115830
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