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Assignment 3

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Marium 12
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13 views2 pages

Assignment 3

Uploaded by

Marium 12
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Assignment 3

(Due Date 9th December 6:00 pm)


(copying from another student’s Assignment or sharing with others will be dealt strictly and
in accordance with the policy in place by the University)

1. A farmer in the Midwest has 1,000 acres of land on which she intends to plant corn, wheat, and
soybeans. Each acre of corn costs $100 for preparation, requires 7 worker-days of labor, and yields a
profit of $30. An acre of wheat costs $120 to prepare, requires 10 worker-days of labor, and yields $40
profit. An acre of soybeans costs $70 to prepare, requires 8 worker-days, and yields $20 profit. The
farmer has taken out a loan of $80,000 for crop preparation and has contracted with a union for 6,000
worker-days of labor. A midwestern granary has agreed to purchase 200 acres of corn, 500 acres of
wheat, and 300 acres of soybeans. The farmer has established the following goals, in order of their
importance:

(1) To maintain good relations with the union, the labor contract must be honored; that is, the full 6,000 worker-
days of labor contracted for must be used.
(2) Preparation costs should not exceed the loan amount so that additional loans will not have to be secured.
(3) The farmer desires a profit of at least $105,000 to remain in good financial condition.
(4) Contracting for excess labor should be avoided.
(5) The farmer would like to use as much of the available acreage as possible.
(6) The farmer would like to meet the sales agreement with the granary. However, the goal should be weighted
according to the profit returned by each crop.

Formulate a goal programming model to determine the number of acres of each crop the
farmer should plant to satisfy the goals in the best possible way.

2. The Texas Consolidated Electronics Company is contemplating a research and development program
encompassing eight research projects. The company is constrained from embarking on all projects by
the number of available management scientists (40) and the budget available for R&D projects
($300,000). Further, if project 2 is selected, project 5 must also be selected (but not vice versa).
Following are the resource requirements and the estimated profit for each project:

Formulate the integer programming model for this problem and solve it by using the computer.
3.

4.

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