A farmer is deciding between two breeds of swine, Breed A and Breed B. Breed A...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A farmer is deciding between two breeds of swine, Breed A and Breed B. Breed A consumes 5.25 pounds of feed per day, while Breed B consumes 6 pounds of feed per day. The farmer can afford 300 pounds of feed per day. Breed A consumes 1 gallon of water per day while Breed B consumes 1.5 gallons per day. The farmer can supply 70 gallons of water per day. If the farmer can sell Breed A pigs for $85 and Breed B pigs for $90, how many of each breed should the farmer raise? What are all of the constraint equations? What are the coordinates of all points we need to test in our profit equation? What is the profit at each point identified in #2? The farmer should raise Breed A pigs and Breed B pigs. A farmer is deciding between two breeds of swine, Breed A and Breed B. Breed A consumes 5.25 pounds of feed per day, while Breed B consumes 6 pounds of feed per day. The farmer can afford 300 pounds of feed per day. Breed A consumes 1 gallon of water per day while Breed B consumes 1.5 gallons per day. The farmer can supply 70 gallons of water per day. If the farmer can sell Breed A pigs for $85 and Breed B pigs for $90, how many of each breed should the farmer raise? What are all of the constraint equations? What are the coordinates of all points we need to test in our profit equation? What is the profit at each point identified in #2? The farmer should raise Breed A pigs and Breed B pigs.
Expert Answer:
Answer rating: 100% (QA)
Lets denote the number of Breed A pigs as x and the number of Breed B pigs as y that the farmer shou... View the full answer
Related Book For
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
Posted Date:
Students also viewed these general management questions
-
Compute the left regular representation of Z 4 . Compute the right regular representation of S 3 using the notation of Example 8.7. Data from Example 8.7. An interesting example for us is the group...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Find the volumes of the solids in Problems 4952 correct to the nearest unit. 4 cm -6 cm 8 cm
-
In the aggregate expenditure model, why is it important to know the factors that determine consumption spending, investment spending, government purchases, and net exports?
-
Identify the surface whose equation is given. 2r 2 + z 2 = 1
-
Consider the following congestion network with three nodes. As shown, an edge has the cost function \(c(x)=x\) if the flow (number of users) on that edge is \(x\), except for the edges \(v u\) and...
-
Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111)....
-
The volatility of a non-dividend-paying stock whose price is $20, is 10%. The risk-free rate is 7% per annum (continuously compounded) for all maturities. Use a two-step tree to calculate the value...
-
Create and insert an ERD showing the constellation ERD schema below. Please see requirements in the next two sections. Determine four to five (non-date/time) dimension tables a. SCDs need to be...
-
On June 10, Sheffield Company purchased $9,050 of merchandise on account from Sarasota Company, FOB shipping point. terms 3/10, n/30. Sheffield pays the freight costs of $510 on June 11. Goods...
-
Consider a project that requires an initial cash outflow of P500,000 with a life of eight years and a salvage value of P20,000 upon its retirement. Annual cash inflow before tax amounts to P100,000...
-
Who (if anyone) was involved in the sale (theft?) of the computer? 4. Were any attempts made to hide the activities mentioned above? 5. Are there any other suspicious activities occurring in Part 1...
-
The Sales Manager of Letlalo Products (Pty) Ltd asked you to assist him in preparing amotivation to introduce a new leather handbag into the range of products that the company offers. The company...
-
A steel gear made from an AISI 1040 steel is to be surface hardened and strengthened by carburization. The gear will be put in an atmosphere-controlled furnace set at 850 degrees Celsius that has an...
-
Summarize the article of : Bennett: https://advance-lexis-com.libaccess.senecacollege.ca/api/document?collection=news&id=urn:contentItem:5NVW-J9Y1-DXY4-X2FX-00000-00&context=1516831 Rice: Rice, W....
-
selling specialty supplements in south america (colombia) Pro Forma Financial Statements and Budgets.I. Pro forma annual profit and loss statement (3-year projection) for your venture including:...
-
Q:1 Take any product or service offered in Pakistan and apply all determinents of customer Perceived value ?
-
Economists have used the basic framework of aggregate demand and supply analysis to explain recessions. Recessions can occur either when there is sharp decreases in aggregate demand a leftward shift...
-
1. Arrow up or down: According to the law of supply, an increase in price ___ the quantity supplied. 2. From the following list, choose the variables that are held fixed when drawing a market supply...
-
On May 6, 1997, the then-chancellor of the exchequer in Great Britain, Gordon Brown, announced a major change in monetary policy. From that time forward, the Bank of England would be more independent...
-
The following information is taken from the accounting records of Donald Company: Average receivables \(\$ 700,000\) Cost of goods sold \(.2,900,000\) Sales \(8,000,000\) Average inventory...
-
How does a forensic accountant analyze inventories and receivables?
-
What is horizontal analysis?
Study smarter with the SolutionInn App