Determine optimal mix of com-alfalfa and cattle production

Assignment Help Operation Management
Reference no: EM131027944

Formulate and LP tableau and solve using excel solver. Turn in your tableau formulation, excel table and solution reports from excel solver. Bob produces cattle, alfalfa, and com. He has 1000 acres of land and also has access to 5000 acres of public grazing land. For each head of cattle he earns $250 in profit. For each acre of alfalfa he earns $180, and for each acre of com he earns $220. Each head of cattle requires 0.1 acre of land out of his private land (1000 acres) and 5 Acres of public grazing land. Because of various technological requirements com acreage can be no more than 3 times the acreage of alfalfa. Due to government regulation, for each head of cattle he has to plant 2 acres of alfalfa and 3 acres of com (don't think of this as feeding requirement). Suppose that he buys the feed for his cattle from outside suppliers and the cost has been factored into the $250 per head profit. Everything he plants is sold for profit. Determine optimal mix of com, alfalfa, and cattle production.

Reference no: EM131027944

Questions Cloud

Computer chip production process yields : A computer chip production process yields DRAM chips with an average life of 1,800 hours, and standard deviation=100 ours. The tolerance upper and lower specification limitsare 2,400 hours, and 1,600 respectively. Is this process capable of producing..
Several pages on economy-the military and the environment : A political mailing will have several pages on the economy, the military, and the environment. The total number of these pages in the booklet should be less than 100. Find the number of pages that should be devoted to the economy, the military, and t..
The cost to produce the seed : Montanso is a large bio firm that sells genetically modified seed to farmers at a price of $45 per kilogram (kg). Demand for the modified seed is Normally distributed with mean 450 units a month and a standard deviation of 50 units a month. Suppose M..
Many hospitals adopt a major terminology system : Many hospitals adopt a major terminology system such as ICD, yet there is a need for specialized classification system terminologies, why do you think we need specialized classification terminologies? Describe at least 2 examples for specialized clas..
Determine optimal mix of com-alfalfa and cattle production : Formulate and LP tableau and solve using excel solver. Turn in your tableau formulation, excel table and solution reports from excel solver. Bob produces cattle, alfalfa, and com. He has 1000 acres of land and also has access to 5000 acres of public ..
Discuss the types of social media used by your employer : Discuss the types of social media used by your employer? If your employer uses none, you can discuss a past employer or suggest a few that should be used by your current employer. Which is the most effective and why? Suppose you created a company vid..
What are the quarterly cash flows and their present value : Development Cost $ 810,000 Estimated Development Time 9 months Pilot Testing $ 230,000 Ramp-up Cost $ 310,000 Marketing and Support Cost $ 156,000 per year Sales and Production Volume 44,000 per year Unit Production Cost $ 85 Unit Price $ 172 Interes..
Example of writing intended to persuade : Which of the following is an example of writing intended to persuade? An entertaining novel written about the life of a teenager a newspaper editorial written to get readers to vote for a specific candidate a newspaper article describing the injuries..
An authors audience refers specifically : An author's audience refers specifically to: the journal or newspaper the work is published in the reader the specific person or group of people the writer is directing his or her information towards anyone who happens to pick up the article or book ..

Reviews

Write a Review

 

Operation Management Questions & Answers

  Operational management at dublin airport

Operational Management at Dublin Airport

  Find out the optimal use of applichem plant capacity

Find out the optimal use of Applichem's plant capacity using the solver in excel. Illustrate what would you recommend that Applichem management do.

  Continuous quality improvement is a management philosophy

Continuous Quality Improvement (CQI) is a management philosophy and a management method. Identify and explain the philosophical and methodological characteristics of CQI. Select the characteristic you find most valuable and explain why.

  Distinguish between strategic and tactical management

Please distinguish between Strategic and Tactical Management and refer to the areas of application for each of them.

  Identify the existing and potential sources of waste

In the Quality Parts Company case at the end of chapter 13 ( Book: Opertaions and Supply Chain Management, 13th edition, author Jacobs and Chase) ,

  What is his optimal consumption bundle

Thomas has income of $1500 today and $1000 tomorrow. He can lend and borrow at an interest rate of 10%. There is 10% inflation. His preferences for inter temporal consumption are represented by the following utility function U(c1; c2) = c1 + c2. What..

  Motivation can come from many different places

Motivation can come from many different places. Some people like to listen to music before and athletic event to get “pumped up.” Other people like to quote a phrase as a reminder why they are putting themselves through this ordeal. Money is a popula..

  Find the minimum number of recycling collectors required

Find the minimum number of recycling collectors required if each employee works 5 days a week and has 2 consecutive days off. Give preference to the S-Su pair when that pair is involved in a tie.

  Obtain a summary of all research and development projects

obtain a summary of all Research and Development projects currently underway, including their current status,estimated time and cost to complete and the estimated unit costs as compared to target costs.

  The strategy of international business

Discuss what strategy Avon was pursuing until the mid-2000s. What were the advantages of this strategy? What were the disadvantages? Discuss what changes Andrea Jung made in Avon’s strategy after 2005. What were the benefits of these changes? Can you..

  Problem on project management

Maurice Micklewhite has decided to replant his garden. Show him what the cost is of making an erroneous decision at various stages of the project, starting with conceptual design and ending with the ongoing maintenance of the garden.

  Determine the amount of reduction in cross sectional

K=35,000lb/in^2 and n=0.40 for a metal used in a forming operation in which the workpart is reduced in cross-sectional area by stretching.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd