Question: Crop Profit per Acre ($) Yield per Acre (lb) Maximum Demand (lb) Irrigation (acre ft) Fertilizer (pounds/acre) Corn 2,100 21,000 200,000 2 500 Pumpkin 900
| Crop | Profit per Acre ($) | Yield per Acre (lb) | Maximum Demand (lb) | Irrigation (acre ft) | Fertilizer (pounds/acre) |
| Corn | 2,100 | 21,000 | 200,000 | 2 | 500 |
| Pumpkin | 900 | 10,000 | 180,000 | 3 | 400 |
| Beans | 1,050 | 3,500 | 80,000 | 1 | 300 |
Based on the following Analytic Solver Platform sensitivity output, how much can the price of Corn drop before it is no longer profitable to plant corn? do not use excel solver
| Changing Cells | ||||||
| Final | Reduced | Objective | Allowable | Allowable | ||
| Cell | Name | Value | Cost | Coefficient | Increase | Decrease |
| $B$4 | Acres of Corn | 9.52 | 0 | 2100 | 1E+30 | 350 |
| $C$4 | Acres of Pumpkin | 0 | 500.01 | 899.99 | 500.01 | 1E+30 |
| $D$4 | Acres of Beans | 10.79 | 0 | 1050 | 210 | 375.00 |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
