Help me decide, guys. I acquired a 100-hectare piece of land. I have decided though to...

 

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Help me decide, guys. I acquired a 100-hectare piece of land. I have decided though to grow corn and dragonfruit on my land. I plan to make a business out of it by selling to the public market. But to maximize the returns, I want to know how to plant each variety in the 100 hectares, given the costs, net profits and labor requirements given these data: Cost Net Profit Man- Variety (Price/Hec) (Price/Hec) days/Hec Corn 100 50 10 Dragonfruit 400 100 20 I have a budget of PHP20,000 and availability of 1,200 man-days for the planning horizon. Please give me the optimal solution. Steps: 1. Formulate the linear problem by identifying the decision variables. Use MS Excel in creating the table 2. Write the objective function, constraints, non- negativity restriction or the algebraic equation 3. Then solve the LP through graphical method. Find the feasible region and optimal solutions Help me decide, guys. I acquired a 100-hectare piece of land. I have decided though to grow corn and dragonfruit on my land. I plan to make a business out of it by selling to the public market. But to maximize the returns, I want to know how to plant each variety in the 100 hectares, given the costs, net profits and labor requirements given these data: Cost Net Profit Man- Variety (Price/Hec) (Price/Hec) days/Hec Corn 100 50 10 Dragonfruit 400 100 20 I have a budget of PHP20,000 and availability of 1,200 man-days for the planning horizon. Please give me the optimal solution. Steps: 1. Formulate the linear problem by identifying the decision variables. Use MS Excel in creating the table 2. Write the objective function, constraints, non- negativity restriction or the algebraic equation 3. Then solve the LP through graphical method. Find the feasible region and optimal solutions

Answer rating: 100% (QA)

Part A LP Formulation Decision Variables Let x1 Hector allocated for Corn x2 Hector allocated for Dr... View the full answer