1. Do the formulation (use compact form at least for 3 questions) 2. Solve it using lingo following rule no. 1. Using excel is optional. 3. Submit your answer by using Microsoft Word

The Canadian Parks Commission controls two tracts of land. Tract 1 consists of 300 acres and tract 2, 100 acres. Each acre of tract 1 can be used for spruce trees or hunting, or both. Each acre of tract 2 can be used for spruce trees or camping, or both. The capital (in hundreds of dollars) and labor (in worker-days) required to maintain one acre of each tract, and the profit (in thousands of dollars) per acre for each possible use of land are given in Table 4. Tract Capital (in hundreds of dollars) Labor (in worker-days) Profit (in thousands of dollars) 1 Spruce 3 0.1 0.2 1 Hunting 3 0.2 0.4 1 Both 4 0.2 0.5 1 0.05 0.06 2 Spruce 2 Camping 30 5 0.09 2 Both 10 1.01 1.1 Table 4. The capital and labor required to maintain one acre of each tract, and the profit per acre for each possible use of land Capital of $150,000 and 200 man-days of labor are available. How should the land be allocated to various uses to maximize profit received from the two tracts?|