Examlex

Solved

Rienzi Farms Grows Sugar Cane and Soybeans on Its 500

question 59

Essay

Rienzi Farms grows sugar cane and soybeans on its 500 acres of land.An acre of soybeans brings a $1000 contribution to overhead and profit;an acre of sugar cane has a contribution of $2000.Because of a government program no more than 200 acres may be planted in soybeans.During the planting season 1200 hours of planting time will be available.Each acre of soybeans requires 2 hours,while each acre of sugar cane requires 5 hours.The company seeks maximum contribution (profit)from its planting decision.
a.Formulate the problem as a linear program.
b.Solve using the corner-point method. Rienzi Farms grows sugar cane and soybeans on its 500 acres of land.An acre of soybeans brings a $1000 contribution to overhead and profit;an acre of sugar cane has a contribution of $2000.Because of a government program no more than 200 acres may be planted in soybeans.During the planting season 1200 hours of planting time will be available.Each acre of soybeans requires 2 hours,while each acre of sugar cane requires 5 hours.The company seeks maximum contribution (profit)from its planting decision. a.Formulate the problem as a linear program. b.Solve using the corner-point method.


Definitions:

Business Professionals

Individuals who work in areas related to commerce, such as finance, marketing, or management.

Claim Letter

A formal letter written to demand a correction or a payment due to unsatisfactory products or services received.

Persuasive Technique

A method or approach used to convince or influence someone to agree with a viewpoint, make a decision, or take action by appealing to logic, emotions, or ethics.

On-site

Located or taking place at a particular site or location, often in relation to work or an event.

Related Questions