Cereal grain crops to grow in coming planting season

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Reference no: EM132234799

A farmer has three possible cereal grain crops to grow in the coming planting season: barley, oats, and wheat. He has 240 acres of arable land: 160 are considered high grade and the remainder is low grade. He has $42,000 in available capital and can hire virtually unlimited hours of field labor, locally, for $6 per hour. Relevant crop factors are: Barley Oats Wheat Price/bushel $3.20 $3.00 $2.60 Bushels per acre: High grade land 80 84 90 Low grade land 75 80 85 Labor hours/acre 20 16 15 Non-labor costs/acre $98 $97 $88 Formulate this as a linear programming model.

Reference no: EM132234799

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