Question: Problem: A row crop farmer is deciding how to allocate his acres between two crops, corn and soybeans. Currently, the farmer has 3 0 0
Problem:
A row crop farmer is deciding how to allocate his acres between two crops, corn and soybeans. Currently, the farmer has hours of labor and pounds of nitrogen available. The farmer estimates that the labor requirement is hours for both an acre of corn and an acre of soybeans. Nitrogen requirements are pounds for an acre of corn and pounds for an acre of soybeans.
What would be the most profitable allocation of acres if the profit per acre of corn is $ and the profit per acre of soybeans is $
Formulate an LP model that optimizes the allocation of resources and maximizes profits for the farmer. Also, create a graph and sketch the feasible region and label all axes, corner points, and feasible region. points
Variables:
Objective:
Constraints:
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