Looking at the excel table, what evaluation could you provide regarding an opportunity to lease additional pastureland with the only information provided in the optimal solution of this model? What information would you need beyond what your model can provide? With that information, could you determine how much land, if any, would be leased by simply analyzing the results of your optimized model?

In our labs 4.7, we considered the case of the farm plan formulated through a model to maximize total gross margin. Presented here is a representation of an LP model that is similar to our initial setup in Lab 4. (Different prices, costs, and resources) Refer to this Exsel model for the noxt four questions. A PDF version is Click to open: , if you need it. In our labs 4.7, we considered the case of the farm plan formulated through a model to maximize total gross margin. Presented here is a representation of an LP model that is similar to our initial setup in Lab 4. (Different prices, costs, and resources) Refer to this Exsel model for the noxt four questions. A PDF version is Click to open: , if you need it