AS farmer in Ruritania has 240000 square metres (m2) of land on which he grows maize,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
AS farmer in Ruritania has 240000 square metres (m2) of land on which he grows maize, potatoes, barley and wheat. He is planning his production for the next growing season. The following information is provided relating to the anticipated demand and productive capacity for the next season: Maize Potatoes Barley Wheat Contribution per tonne of output in Ruritanian dollars m2 required per tonne of output $160 $112 $96 $80 Estimated sales demand (tonnes) 80 32 24 16 3000 3000 Required area to meet sales demand (m2) 3000 3000 240 000 96000 72000 48 000 It is not possible in the short run to increase the area of land beyond 240000m2 for growing the above crops. You have been asked to advise on the mix of crops that should be produced during the period. AS farmer in Ruritania has 240000 square metres (m2) of land on which he grows maize, potatoes, barley and wheat. He is planning his production for the next growing season. The following information is provided relating to the anticipated demand and productive capacity for the next season: Maize Potatoes Barley Wheat Contribution per tonne of output in Ruritanian dollars m2 required per tonne of output $160 $112 $96 $80 Estimated sales demand (tonnes) 80 32 24 16 3000 3000 Required area to meet sales demand (m2) 3000 3000 240 000 96000 72000 48 000 It is not possible in the short run to increase the area of land beyond 240000m2 for growing the above crops. You have been asked to advise on the mix of crops that should be produced during the period. AS farmer in Ruritania has 240000 square metres (m2) of land on which he grows maize, potatoes, barley and wheat. He is planning his production for the next growing season. The following information is provided relating to the anticipated demand and productive capacity for the next season: Maize Potatoes Barley Wheat Contribution per tonne of output in Ruritanian dollars m2 required per tonne of output $160 $112 $96 $80 Estimated sales demand (tonnes) 80 32 24 16 3000 3000 Required area to meet sales demand (m2) 3000 3000 240 000 96000 72000 48 000 It is not possible in the short run to increase the area of land beyond 240000m2 for growing the above crops. You have been asked to advise on the mix of crops that should be produced during the period. AS farmer in Ruritania has 240000 square metres (m2) of land on which he grows maize, potatoes, barley and wheat. He is planning his production for the next growing season. The following information is provided relating to the anticipated demand and productive capacity for the next season: Maize Potatoes Barley Wheat Contribution per tonne of output in Ruritanian dollars m2 required per tonne of output $160 $112 $96 $80 Estimated sales demand (tonnes) 80 32 24 16 3000 3000 Required area to meet sales demand (m2) 3000 3000 240 000 96000 72000 48 000 It is not possible in the short run to increase the area of land beyond 240000m2 for growing the above crops. You have been asked to advise on the mix of crops that should be produced during the period.
Expert Answer:
Answer rating: 100% (QA)
ANSIDER FOR THE ques TION land available 2 240000m2 Lalaulation of Lontuibutien ... View the full answer
Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
Posted Date:
Students also viewed these accounting questions
-
Farmer Brown has 1000 acres of land on which he plans to grow corn, wheat, and soybeans. The cost of cultivating these crops is $357 per acre for corn, $127 per acre for wheat, and $181 per acre for...
-
You have been asked to advise a business-to-business manufacturing company how to detect fraudulent financial reporting. Management does not understand how early revenue recognition by backdating...
-
You have been asked to advise the 2012 London Olympics team on running the games. Firstly, is this a project or a programme and why?
-
2. C. b. d. e. a. A proposed public project would produce the following pattern of individual benefits and costs. Revise only the cost shares of individuals C and E to meet the Pareto Criterion. (7...
-
Nissan Motor Company wanted to find leverage factors for marketing the Maxima model in the United States. The company hired a market research firm in New York City to carry out an analysis of the...
-
A firm uses a number of narrow-aisle forklift trucks and can purchase these in three types. Type 1 costs $20,000 each; type 2 costs $10,000 each; and type 3 costs $5,000 each. Such equipment can be...
-
Given \(P(A)=0.30, P(B)=0.62\), and \(P(A \cap B)=\) 0.12 , find (a) \(P(A \cup B)\); (b) \(P(\bar{A} \cap B)\); (c) \(P(A \cap \bar{B})\); (d) \(P(\bar{A} \cup \bar{B})\).
-
Determine the present values (PVs) if $5,000 is received in the future (i.e., at the end of each indicated time period) in each of the following situations: a. 5 percent for ten years b. 7 percent...
-
You are approached to comment on a company's accounting disclosure quality. As an accounting analyst, what are the factors will you consider in your assessment and why?
-
The Advanced Tech Company has a project to design an integrated information database for a major bank. Data for the project are given in Table. Indirect project costs amount to $300 per day. The...
-
Nisha purchases an annuity with funds from his savings account on January 1, 2021. The annuity has a 4 year term, and cost her $20,000. Payments are made annually on December 31 in the amount of...
-
ntegrated log files ________. tend to have problems with format incompatibilities tend to have time synchronization problems Both tend to have problems with format incompatibilities and tend to have...
-
What is the rationale for excluding Subpart F income from the definition of net tested income? Group of answer choices Subpart F is only earned by CFCs and net tested income excludes all income...
-
solve this equation 2x +2y +z =7 x - y + z =6 -3x +3y +3z = -12
-
Marcy has a total of 100 dimes and quarters. If the total value of the coins is $14.05, how many quarters does she have?
-
Which of these are common fraud schemes involving the manipulation of long-term assets? Select all that apply. Question 6Select one or more: Improperly capitalizing inventory and startup costs...
-
Provide a solution to what is wrong with the following code below. 1 syms x 2 a1 = vpasolve (exp(x) == 2 - cos(x - 1)); 3 4 %a2= vpasolve (x + sin(x) + 3* cos(2*x) 5 a2 = vpasolve(x + sin(x) + 3*...
-
The senior management at Davis Watercraft would like to determine if it is possible to improve firm profitability by changing their existing product mix. Currently, the product mix is determined by...
-
Consider a 25-year mortgage of $380,000 at 6.9% interest compounded monthly, where the loan is interest-only for 10 years. What is the monthly payment during the first 10 years? Last 15 years?
-
Determine whether or not the given matrix is stochastic. If so, determine if it is regular, absorbing, or neither. 1. 2. 3. 4. .1 2 3 .6. .1 2 .2 2 .2 3 3 3 3 L.4 .4 4 4
-
1. Determine by inspection which one of the probability distributions, A or B, in Fig. 5 has the greater variance. 2. Determine by inspection which one of the probability distributions, C or D, in...
-
If the angle between vectors \(\vec{A}\) and \(\vec{B}\) is \(110^{\circ}\) and if \(A=1.7 \mathrm{~N}\) and \(B=2.0 \mathrm{~m}\), what is the value of \(\vec{A} \cdot \vec{B}\) ?
-
You throw a textbook to a friend who is at their dormitory window \(2.2 \mathrm{~m}\) above you. You are standing \(4.0 \mathrm{~m}\) away from the building and your throw is perfectly made such that...
-
A force \(\vec{F}=F_{x} \hat{\imath}+F_{y} \hat{\jmath}\) with \(F_{x}=50 \mathrm{~N}\) and \(F_{y}=12 \mathrm{~N}\) is exerted on a particle as the particle moves along the \(x\) axis from \(x=1.0...
Study smarter with the SolutionInn App