A farmer in the Midwest has 1,000 acres of land on which she intends to plant...
Problem 1-1 A farmer owns 450 acres of land. He is going to plant each acre with wheat or corn. Each acre planted with wheat yields $4000 profit, requires three workers, and requires two tons of fertilizer. Each acre planted with corn yields $2000 profit, requires two workers, and requires four tons of fertilizer. There are currently 1000 workers and 1200 tons of fertilizer available. To hedge against risk, the farmer wants to sure that the acres of wheat do...
A farmer owns 450 acres of land. He is going to plant each acre with wheat or corn. Each acre planted with wheat yields $2000 profit, requires three workers and requires two tons of fertilizer. Each acre planted with corn yields $3000 profit, requires two workers, and requires four tons of fertilizer. There are currently 1000 workers and 1200 tons of fertilizer available. The farmer wants to maximize his profit from planting his land. a) Write the managerial formulation for...
A farmer has 150 acres of land suitable for cultivating Crops A and B. The cost of cultivating Crop A is $40/acre, and the cost of cultivating Crop B is $60/acre. The farmer has a maximum of $7400 available for land cultivation. Each acre of Crop A requires 20 labor-hours, and each acre of Crop B requires 25 labor-hours. The farmer has a maximum of 3300 labor-hours available. He has also decided that he will cultivate at least 80 acres...
please write step by step. thank you. 4-28. A farmer has subdivided his land into three plots and wants to plant three crops in each plot: corn, rice, and soy. Plot sizes, crop acreage, profit per acre, and manure needed (pounds per acre) are given in the table at the bottom of this page. The maximum acreage for each crop denotes the total acres of that crop that can be planted over all three plots. Currently there are 450,000 pounds...
13: A farm co-op has 6000 acres available on which to plant corn and soybeans. The following table summarizes each crop's requirements for fertilizer/herbicide, harvesting labor hours, and the available amounts of these resources ComSoybeans Avaabte galace 40500 gal (a) if the co-op's profits per acre are $240 for corn and $160 for soybeans, how many acres of each crop should the co-op plant to maximize profit? What is the maximum profit? If market conditions change so that the co-op's...
17. A farmer has 100 acres of tillable land on which corn, tomatoes, beans, peas, and carrots can be planted. The labor requirements, plant costs, and gross income for I acre of each of these crops are as follows: Labor Gross (worker-hours) Costs (S) Income (S) Corn 95 1300 275 345 435 20 200 Tomatoes Beans Peas Carrots 120 25 35 40 75 nd The farmer has available up to 3600 hr of labor at $7.25/hr. However, the labor and...
17. A farmer has 100 acres of tillable land on which corn, tomatoes, beans, peas, and carrots can be planted. The labor requirements, plant costs, and gross income for I acre of each of these crops are as follows: Labor Gross (worker-hours) Costs (S) Income (S) Corn 95 1300 275 345 435 20 200 Tomatoes Beans Peas Carrots 120 25 35 40 75 nd The farmer has available up to 3600 hr of labor at $7.25/hr. However, the labor and...
17. A farmer has 100 acres of tillable land on which corn, tomatoes, beans, peas, and carrots can be planted. The labor requirements, plant costs, and gross income for I acre of each of these crops are as follows: Labor Gross (worker-hours) Costs (S) Income (S) Corn 95 1300 275 345 435 20 200 Tomatoes Beans Peas Carrots 120 25 35 40 75 nd The farmer has available up to 3600 hr of labor at $7.25/hr. However, the labor and...
17. A farmer has 100 acres of tillable land on which corn, tomatoes, beans, peas, and carrots can be planted. The labor requirements, plant costs, and gross income for I acre of each of these crops are as follows: Labor Gross (worker-hours) Costs (S) Income (S) Corn 95 1300 275 345 435 20 200 Tomatoes Beans Peas Carrots 120 25 35 40 75 nd The farmer has available up to 3600 hr of labor at $7.25/hr. However, the labor and...
4. Consider a farmer, who has 500 acres of land, and rase grain, corn and sugar beet. In winter he wants to decide how much land he should devote for each crop in order to get maximum profit in the next autumn. The farmer needs 200 tons of wheat and 240 tons of corn to feed his cattle. These amounts can be either raised by himself or bought from an external wholesaler. If more than this amount is produced, the...