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Modelling

The document presents information about maximizing profit from a farm with constraints on land, labor, and fertilizer. It provides crop options of oats, wheat, and corn with details on resources required and expected profit per acre. The optimal solution is shown to plant 80 acres of oats and 40 acres of wheat to maximize profit of $64,000 within the constraints.
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0% found this document useful (0 votes)
15 views2 pages

Modelling

The document presents information about maximizing profit from a farm with constraints on land, labor, and fertilizer. It provides crop options of oats, wheat, and corn with details on resources required and expected profit per acre. The optimal solution is shown to plant 80 acres of oats and 40 acres of wheat to maximize profit of $64,000 within the constraints.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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x oats

y wheat
z corn
120 = 120
constraint 6400 <= 6500
200 <= 200
labor required fertilizer required expected profit number of crops
z 50 1.5 500 80
y 60 2 600 40
z 105 4 950 0

number of crops 80
40 profit 64000
0

Variable Cells
Final Reduced Objective
Cell Name Value Cost Coefficient
$B$12 acres planted oats 80 0 500
$B$13 acres planted resources used per acre40 0 600
$B$14 acres planted corn 0 -50 950

Constraints
Final Shadow Constraint
Cell Name Value Price R.H. Side
$C$4 land (acres) used 120 200 120
$C$5 labour (hours) used 6400 0 6500
$C$6 fertilizer (tons) used 200 200 200
Allowable Allowable
Increase Decrease The farm can maximize the profit by:
12.5 1E+30 increase the fertilizer can maximize profit by: $ 1,000.00
1E+30 10 increase the land used can maximize profit by: $ 1,000.00
50 1E+30

Allowable Allowable
Increase Decrease
5 20
1E+30 100
5 20

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