Question: Can you please help in this question by solving it in EXCEL step by step. I will be very thankful to you. 8. 10 Yummy
Can you please help in this question by solving it in EXCEL step by step. I will be very thankful to you.
8. 10 Yummy Berry Farm has 10 acres it plans to devote to growing blueberries, strawberries and raspberries. Information on its farming requirements, yield, cost and price are in the table below. Yummy Berry has contracts with grocery stores to supply strawberries. To fill these orders, the farm needs to allocate a minimum of 2 acres to growing strawberries. Since raspberries are labour intensive, Yummy Berry does not want to cultivate more than 5 acres of raspberries. Assuming that Yummy Berry will grow only one type of berry on an acre, how should the farm allocate its land among the three berries to maximize its profits. plant per acre yield per plant (lbs) farming/harvest cost per acre selling price per lb blueberry 1089 15 $12,000 $2.75 strawberry 7200 1 $8,000 $5.50 raspberry 7400 2.5 $15,000 $3.00
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