Question: Use Excel solver to solve the model and interpret the results [10 points) Walnut Orchard has two farms that grow wheat and corn. Because of

Use Excel solver to solve the model and interpret the results Use Excel solver to solve the model and interpret
[10 points) Walnut Orchard has two farms that grow wheat and corn. Because of differing soil conditions, there are differences in the yields and costs of growing crops on the two farms. The yields and costs are shown in the table below. Farm 1 has 100 acres available for cultivation, while Farm 2 has 150 acres. The farm has contracted to grow 11,000 bushels of corn and 6000 bushels of wheat. Determine a planting plan using an LP that will minimize the cost of meeting these contracts. Farm 1 Farm 2 Corn yield (bushols/acre) 100 120 Cost of corn ($/acre) 90 115 Wheat yield (bushels/acre) Cost of wheat (5/acre) 90 (a) (2 points) Decision variables? (b) (3 points] Objective and objective function? (C) 5 points Constraints? 40 35 80

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!