Question
Solve the following linear programming problems using the graphical solution. And please identify the feasible regions, feasible corner points and the optimal solutions. 1.Profit Maximization
Solve the following linear programming problems using the graphical solution. And please identify the feasible regions, feasible corner points and the optimal solutions.
1.Profit Maximization for Corn-Soybean Farm (25 points)
ResourcesAmountCrop Production Enterprise
Constraints AvailableCornSoybean
a)Crop land400 acres11
b)Family labor 225 hours 0.450.60
c)Operating capitalP 35,000.0011060
Net Income per acreP150.00P140.00
2.Net Return Maximization for Rice-Corn Farm Enterprise (30 points)
ResourcesAmountCrop Production Enterprise
ConstraintsAvailableCornRice
a)Crop land10 acres11
b)Labor for land preparation75 hours 100
c)Labor for planting200 hours8 8
d)Labor for harvesting160 hours8 20
Net Return per acreP400.00P300.00
3.Minimization Problem (15 points)
Minimize z = 4x1+ 3x2
Subject to: 2x1+ x2 10
-3x1+ 2x2 6
x1+ x26
x1, x2 0
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