Business, 27.03.2020 01:27 fabiolabaritto
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. Give a complete formulation of this problem, including a careful definition of your decision variables. Let the first decision variable, (Xi), be soybeans, and the second decision variable, (X2), be sugar cane.
Answers: 2
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Rienzi Farms grows sugar cane and soybeans on its 500 acres of land. An acre of soybeans brings a $1...
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