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writing and Excel : Q2-(2.5 marks). AGRICULTURE. BP Farms is a 300-acre farm located near Lawrence, Kansas, owned and operated exclusively by Bill Pashley. For
writing and Excel :
Q2-(2.5 marks). AGRICULTURE. BP Farms is a 300-acre farm located near Lawrence, Kansas, owned and operated exclusively by Bill Pashley. For the upcoming growing season, Bill will grow wheat, corn, oats, and soybeans. The following table gives relevant data concerning expected crop yields, labor required, expected preharvest expenses, and water required in addition to the forecasted rain). Also included is the price per bushel Bill expects to receive when the crops are harvested. Labor (hr./acre) Water (acre-ft. acre) Crop Wheat Corn Oats Soybeans Yield (bu./acre) 210 300 180 240 Expenses (S/acre) $50 $75 $30 $60 Price (S/bu.) $3.20 $2.55 $1.45 $3.10 Bill wishes to produce at least 30,000 bushels of wheat and 30,000 bushels of corn, but no more than 25,000 bushels of oats. He has $25,000 to invest in his crops, and he plans to work up to 12 hours per day during the 150-day season. He also does not wish to exceed the base water supply of 1200 acre-feet allocated to him by the Kansas Agriculture Authority. Formulate the problem for BP Farms as a linear program model that determine the optimal number of acres of each crop Bill should plant in order to maximize his total expected return from the harvested crops and solve the model using excelStep by Step Solution
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