2) A farmer is planning the crops that will be planted in the upcoming season. The...
2) A farmer is planning the crops that will be planted in the upcoming season. The farmer can get $333.08 per metric ton of soybean, $119.42 per metric ton of barley, $143.80 per metric ton of corn, and $202.64 per metric ton of wheat. The total capacity of the farm is 270 metric tons of product. Based on rising tariffs, at most, the soybeans should constitute 25% of the total crop. Prices for barley and wheat have been declining, so corn should at least be 100 metric tons. a. Solve the linear program using Solver and write the strategy. (10 pts) b. Run a sensitivity analysis and identify the constraints that are binding. (10 pts) c. What is the change in the objective function value if the minimum for corn was 50 metric tons and the farmer acquired land that could produce 30 more metric tons of crop? (10 pts)
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2) A farmer is planning the crops that will be planted in the
upcoming season. The...
Question 9 (AGRICULTURAL PRODUCTION PLANNING) Margaret Kowalchuk's family owns five parcels of farmland broken into a...
Question 9 (AGRICULTURAL PRODUCTION PLANNING) Margaret Kowalchuk's family owns five parcels of farmland broken into a southeast sector, north sector, northwest sector, west sector, and southwest sector. Kowalchuk is involved primarily in growing wheat, alfalfa, and barley crops and is currently preparing her production plan for next year. The Pennsylvania Water Authority has just announced its yearly water allotment, with the Kowalchuk farm receiving 7400 acre-feet. Each parcel can only tolerate a certain amount of irrigation per growing season, as...
A farmer owns 450 acres of land. He is going to plant each acre with wheat...
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...
For the upcoming planting season, Farmer McCoy can plant corn (al), plant wheat (a2), plant soybeans...
For the upcoming planting season, Farmer McCoy can plant corn (al), plant wheat (a2), plant soybeans (a3) or use the land for grazing (a4). The payoffs associated with the different actions are influenced by the amount of rain: heavy rainfall (S1), moderate rainfall (S2), light rainfall (S3) or drought season (S4). Develop a course of action for Farmer McCoy. a20 6030 ar 40 50 35 a50 0 45-10 a4 12 15
4. Consider a farmer, who has 500 acres of land, and rase grain, corn and sugar...
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...
Problem 4 (24 points) Farmer Joe is planning to plant 30 hectares of rice, 40 hectares...
Problem 4 (24 points) Farmer Joe is planning to plant 30 hectares of rice, 40 hectares of wheat, and 30 hectares of cotton in his farm this year. He has 100 hectares of land and 125,000 m² of irrigation water to use. The first table below contains the fully irrigated water demand, the maximum yield per hectare, and the expected profit per ton for the three crops. The ratios of actual-to-maximum yield for each of these three crops under different...
Stephen, MN heveUSDOT 0 Betsy Jensen stands near one of the farm trucks parked at the family farm near Stephen, Minn., on Monday. Dan Gunderson | MPR News Now that spring has finally arrived...
Stephen, MN heveUSDOT 0 Betsy Jensen stands near one of the farm trucks parked at the family farm near Stephen, Minn., on Monday. Dan Gunderson | MPR News Now that spring has finally arrived in Minnesota, the Jensen family is scrambling to get crops planted on their northern Red River Valley farm. But the usual optimism of a spring planting season is tempered this year by worries about the ongoing trade dispute between the United States and China. China has...
Stephen, MN heveUSDOT 0 Betsy Jensen stands near one of the farm trucks parked at the family farm near Stephen...
Stephen, MN heveUSDOT 0 Betsy Jensen stands near one of the farm trucks parked at the family farm near Stephen, Minn., on Monday. Dan Gunderson | MPR News Now that spring has finally arrived in Minnesota, the Jensen family is scrambling to get crops planted on their northern Red River Valley farm. But the usual optimism of a spring planting season is tempered this year by worries about the ongoing trade dispute between the United States and China. China has...
(d tion crackdown. P Problems 10 and 11. Big drops in prices for crops make it...
(d tion crackdown. P Problems 10 and 11. Big drops in prices for crops make it tough down on the farm Corn, soybean, and wheat prices have fallen roughly 50 percent from the historic highs of earlier this year. With better-than-expected crop yields, world grain pro- duction will rise nearly 5 percent this year. Grain prices have also become more closely tied to oil prices because of the growing corn-based ethanol industry. Source: USA Today, October 23, 2008 Why did...
93,442 020 3.392 3.358 3.423 3.385 Oct Agriculture Futures Corn (CBT)-5,000 bu; cents per bu. 369.50 372.75 A 367.50 369.50 1.25 500,405 377.25 380.25 A 375.25 377-25 -1.25 346,739 May Oats (C...
93,442 020 3.392 3.358 3.423 3.385 Oct Agriculture Futures Corn (CBT)-5,000 bu; cents per bu. 369.50 372.75 A 367.50 369.50 1.25 500,405 377.25 380.25 A 375.25 377-25 -1.25 346,739 May Oats (CBT)-5,000 bu; cents per bu. March 256.00 257.50 May Soybeans (CBT)-5,000 bu; cents per bu. 4,155 .50 250.00 254.50 3,027 246.00 253.00 3.00 248.25 254.00 8.25 248,998 1055-50 1061.50 7.75 210,368 March 1057.00 1061.50 May Soybean Meal (CBT)-100 tons; $ per ton. March May Soybean Oil (CBT)-60,0oo lbs; cents...
CASE ANALYSIS OF MONSANTO COMPANY: Give the following: 1. Central Problem 2. SWOC 3. ACAS (3...
CASE ANALYSIS OF MONSANTO COMPANY: Give the following: 1. Central Problem 2. SWOC 3. ACAS (3 alternative courses of action) 4. RECOMMENDATION (choose the best ACA) 5. CONCLUSION MONSANTO COMPANY When you think of Monsanto, the phrase genetically modified likely comes to mind. The Monsanto Company is the world’s largest seed company, with sales of over $11.8 billion. It specializes in biotechnology, or the genetic manipulation of organisms. Monsanto scientists have spent the last few decades modifying crops, often by...
Question 9 (AGRICULTURAL PRODUCTION PLANNING) Margaret Kowalchuk's family owns five parcels of farmland broken into a southeast sector, north sector, northwest sector, west sector, and southwest sector. Kowalchuk is involved primarily in growing wheat, alfalfa, and barley crops and is currently preparing her production plan for next year. The Pennsylvania Water Authority has just announced its yearly water allotment, with the Kowalchuk farm receiving 7400 acre-feet. Each parcel can only tolerate a certain amount of irrigation per growing season, as...
For the upcoming planting season, Farmer McCoy can plant corn (al), plant wheat (a2), plant soybeans (a3) or use the land for grazing (a4). The payoffs associated with the different actions are influenced by the amount of rain: heavy rainfall (S1), moderate rainfall (S2), light rainfall (S3) or drought season (S4). Develop a course of action for Farmer McCoy. a20 6030 ar 40 50 35 a50 0 45-10 a4 12 15
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...
Problem 4 (24 points) Farmer Joe is planning to plant 30 hectares of rice, 40 hectares of wheat, and 30 hectares of cotton in his farm this year. He has 100 hectares of land and 125,000 m² of irrigation water to use. The first table below contains the fully irrigated water demand, the maximum yield per hectare, and the expected profit per ton for the three crops. The ratios of actual-to-maximum yield for each of these three crops under different...
Stephen, MN heveUSDOT 0 Betsy Jensen stands near one of the farm trucks parked at the family farm near Stephen, Minn., on Monday. Dan Gunderson | MPR News Now that spring has finally arrived in Minnesota, the Jensen family is scrambling to get crops planted on their northern Red River Valley farm. But the usual optimism of a spring planting season is tempered this year by worries about the ongoing trade dispute between the United States and China. China has...
Stephen, MN heveUSDOT 0 Betsy Jensen stands near one of the farm trucks parked at the family farm near Stephen, Minn., on Monday. Dan Gunderson | MPR News Now that spring has finally arrived in Minnesota, the Jensen family is scrambling to get crops planted on their northern Red River Valley farm. But the usual optimism of a spring planting season is tempered this year by worries about the ongoing trade dispute between the United States and China. China has...
(d tion crackdown. P Problems 10 and 11. Big drops in prices for crops make it tough down on the farm Corn, soybean, and wheat prices have fallen roughly 50 percent from the historic highs of earlier this year. With better-than-expected crop yields, world grain pro- duction will rise nearly 5 percent this year. Grain prices have also become more closely tied to oil prices because of the growing corn-based ethanol industry. Source: USA Today, October 23, 2008 Why did...
93,442 020 3.392 3.358 3.423 3.385 Oct Agriculture Futures Corn (CBT)-5,000 bu; cents per bu. 369.50 372.75 A 367.50 369.50 1.25 500,405 377.25 380.25 A 375.25 377-25 -1.25 346,739 May Oats (CBT)-5,000 bu; cents per bu. March 256.00 257.50 May Soybeans (CBT)-5,000 bu; cents per bu. 4,155 .50 250.00 254.50 3,027 246.00 253.00 3.00 248.25 254.00 8.25 248,998 1055-50 1061.50 7.75 210,368 March 1057.00 1061.50 May Soybean Meal (CBT)-100 tons; $ per ton. March May Soybean Oil (CBT)-60,0oo lbs; cents...
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