Complete the constraint for turnip and millet production

Assignment Help Microeconomics
Reference no: EM13153496

Question

Linear Programming

Complete the linear programming matrix at the end of the question with the appropriate coefficients and signs for the following information

Labour 

Requirements               steers         ewes        lambs       oats           turnips           barleys           millet           

Winter (hrs)              1.22           0.20        0.12       0.30          0.10           1.00              0.70

Spring (hrs)               1.20           0.30        0.15       0.20          0.30           0.80              1.10

Summer (hrs)            1.12           0.20        0.13       0.30          1.30           1.30              1.50

Autumn (hrs)            1.14           0.40                      0.30         0.20           0.20              0.20

 

 

Feed demand                                  steers                              ewes                                lambs

Winter (kg)                            900                              192                             36

Spring (kg)                             800                              190                             57

Summer (kg)                          830                              190                             95

Autumn (kg)                          790                              200

 

Feed supply                   oats                      turnips                   barley                     millet

Winter (kg)                    840                       110                        460

Spring (kg)                                                 280                        580                         500

Summer (kg)                                               675                        175                         2700

Autumn (kg)                  470                      163

 

Gross margins      steers         ewes        lambs        oats         turnips       barley          millet

$                           74.05           23.20    54.32         -43.45      -48.36        -39.60          -36.74

The manager has 800 hours of family labour available in summer, autumn and winter; however, in spring only 750 hours is available. In the district casual labour is worth $14 per hour.

  Tasks

1.Fill in the tableau with the values from the above information: be sure to include the correct signs, gross margins and supply values. You are not required to complete a demand column.

2.Complete the constraints for a 2-year crop rotation between oats and barley in the homestead paddock (300 ha).

3.Complete the constraint for turnip and millet production in the South Hill paddock (200ha).

4.Complete the constraint for a maximum of 40 steers.

5.Complete the constraint for a 75 per cent lambing ratio.

6.Complete the constraint for a minimum 200 head of sheep.

7.Show how a maximum of 5 tonnes of feed wheat could be made available in winter at $160 per tonne.

Reference no: EM13153496

Questions Cloud

Why do senior citizens pay less than everyone : Why do Senior citizens pay less than everyone else for admission to a movie, but pay the same as everyone else for movie-popcorn?
Find evidence that electrical response changes with time : Is there clear evidence of any difference in electrical response to light flash between uninfected and infected rat eyes (at any stage of the disease)?
What is the volume of the gaseous water : if 8.6L of H2 reacted with 4.3L of O2 at STP, what is the volume of the gaseous water collected (assuming that none of it condenses)?2H2(g)+ O2(g)--> 2H2O(g
What is the implied income elasticity of demand for movies : he or she rents 63 movies per year at the same price per movie. What is the implied income elasticity of demand for movies? Are movies a normal good or an inferior good?
Complete the constraint for turnip and millet production : Complete the constraints for a 2-year crop rotation between oats and barley in the homestead paddock and complete the constraint for turnip and millet production in the South Hill paddock
By what percentage quantity of mopeds demanded : The price elasticity of demand for mopeds, in absolute value, is 0.5, by what percentage will the quantity of mopeds demanded increase if the prices fall by 10%?
Explain how the gene can be expressed in such a narrow strip : It is discussed how the expression of the gene eve is restricted to a sharp band that represents stripe 2 in its expression pattern. Explain how the gene can be expressed in such a narrow stripe with sharp borders. Include a molecular perspective ..
Explain what stage of meiosis each cell might represent : In sampling cells of a diploid plant species(2n=18) at random and measuring their DNA content, a geneticist obtained the following results. Explain what stage of meiosis each cell might represent. (ng=nanogram=10^-9 of a gram)
Problem on accounting recognition : The management of Ortiz estimates that this recall would cost $800,000. What accounting recognition, if any, should be accorded this situation?

Reviews

Write a Review

Microeconomics Questions & Answers

  Equilibrium price-physiotherapy

The equilibrium price for physiotherapy visits is $30 and the quantity utilized is 150 visits as a result of the demand and supply conditions in this diagram.

  Defines the price of the imported good

Defines the price of the imported good as the foreign market price before it is loaded into the ship, train, or plane for shipment to the importing country.

  Compute the profit at the end of each year

Compute the profit at the end of each year if the hospital continues to use the traditional method for surgical operations and compute the profit at the end of each year if the hospital uses a Robotic Surgery Machine for surgical operations.

  Price leadership model

When the CR = 80%, is the market efficient when the market behavior follows the price leadership model?

  Question on supply-demand changes

If nothing else changes, what happens to the price and quantity if the supply curve shifts to the right? What is the law of supply? Give two examples of how you have observed the law of supply at work.

  Describe how organisations are building their services

Discuss how organisations design and build services to attract new and existing customers to buy their services. Refer to the research you have presented previously in your research report.

  Find the reaction function and how much does firm produce

Compute CS ,PS and the deadweight lossD)if firm 1 and 2 leaders and 3 follower (Stackelberg),What are the quantity choices for all three firms?

  Price-output and profit contribution

Compute the price, output, and profit contribution if the product is not certified. Compute the price, output, and profit contribution if the product is certified. Should the firm undergo the certification process?

  Monopolist''s profit-maximizing level of output

What is the monopolist's profit-maximizing level of output - what price will the profit-maximizing monopolist charge and how much profit will the monopolist make if she maximizes her profit?

  Tool for managers in in a selling environment

What will you put on sale in your district during the Valentine's Day week? You must provide your reasons and

  Determining expected market price-profits

You're the manager of the firm that sells a commodity in market that resembles perfect competition, and your cost function is C(Q)=Q+2Q^2. Compute the expected market price.

  Determining deadweight loss

A small town is served by many competing supermarkets, which have constant marginal cost. Using the diagram of market for groceries, show the consumer surplus, producer surplus, and total surplus.

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