Define the decision variables

Assignment Help Basic Computer Science
Reference no: EM131416485

The firm XYZ produces certain agricultural products such as sugar beet, wheat, and cotton. There are three different arable lands in the region. The table below represents the maximum arable land in acre and available water resource in m3.  

Land

Maximum arable land (acres)

Maximum available water (m3)

Land 1

500

900

Land 2

700

1000

Land 3

800

1200

The following table shows the maximum quota in acres, unit water consumption and unit profit per acres of each product. 

Product

Maximum quota (acres)

Water consumption (m3/Acre)

Profit ($/Acre)

Sugar beet

750

5

1450

Cotton

850

3

1350

Wheat

950

2

1250

The management of the XYZ firm would like to determine how many acres of each product should be planted in each land to maximize the total profit.

a) Define the decision variables,

b) Formulate the LP model of the given problem (objective function and the constraints), and

c) Solve it by the MS Excel Solver.

Reference no: EM131416485

Questions Cloud

What is the annual continuously compounded rate of interest : Put-Call Parity A put option and a call option with an exercise price of $85 expire in four months and sell for $5.83 and $10.00, respectively. If the stock is currently priced at $88.13, what is the annual continuously compounded rate of interest..
Does the situation described represent independent samples : Refer to given Exercise. Does the situation described represent independent samples or paired data? Explain.-What are the research question, the population parameter, and the sample estimate for this study?
What is the current stock price : Put-Call Parity A put option and a call option with an exercise price of $55 and three months to expiration sell for $2.90 and $6.20, respectively. If the risk-free rate is 4.2 percent per year, compounded continuously, what is the current stock p..
Determine if the user supports cookies : Program Requirements: Use the window object methods to create a conversation between you and the visitor to collect information from the user. Determine if the user supports cookies. If yes, then store the information in cookies and then display t..
Define the decision variables : a) Define the decision variables, b) Formulate the LP model of the given problem (objective function and the constraints), and c) Solve it by the MS Excel Solver.
Is this something you would be interested in knowing : Scientists throughout time have asked questions such as "Where did we come from?" and "How did my ancestors live?" These are difficult questions to answer, particularly for anything that happened before there was a written record. Even when ancien..
What is the difference in average ages : In the United States, on average, what is the age difference between husbands and wives?- What is the difference in average ages at which teachers and plumbers retire?
Explain what populations the samples should be drawn : Explain what populations the samples should be drawn from and what variable or variables would be measured for each individual in the sample(s).
What is the value of the firm’s debt : Debt Valuation and Time to Maturity Trantum Industries has a zero coupon bond issue that matures in two years with a face value of $50,000. The current value of the company's assets is $31,000, and the standard deviation of the return on assets is..

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Designing a computer network

Explain the five most important things that should be taken into consideration when designing a computer network. Your paper should be 1,000 words and should include APA formatting.

  Telecommunications-networking operation

The textbook describes a mode of network operation called "infrastructure mode." However, that is not the only possible mode for networks. What is infrastructure mode, and what are the other possibilities? What are their advantages and disadvantag..

  Construct the state-space model equivalent

Construct the state-space model equivalent of this single-input single-output recurrent network.

  Write the code to read the name of a baseball team

Write the code to read the name of a baseball team, the number of games won, and the number of games lost, and display the name of the team and the percentage of games won.

  Analysis document of pharmassure

Design the sequence diagram for the use case ‘Create Case Manifest' on the base of analysis document of PharmAssure(Case study) that has is provided to you.

  Savings account on every birthday

Your grandmother has been putting $1,000 into a savings account on every birthday since your first(that is, when you turned 1). The account pays an interest rate of 7%. How much money will be in the account on your 18th birthday immediately after..

  Why might this behavior be useful

Why might this behavior be useful?

  Explain differences between ipv4 and ipv6

Write the memo to Mary Jane Newman, communications manager for Beautivision. When preparing the memo, keep in mind that Ms. Newman has some knowledge of information technology but is not an expert.

  Optional apartment number

Implement a class Address. An address has a house number, a street, an optional apartment number, a city, a state, and a postal code. Supply two construtors:

  Computes the areas of rectangles and tells

Create a C++ program that computes the areas of rectangles and tells the user which rectangle has the greatest area, or if the areas are the same.

  Best practices for network security

Need an orgianal paper over one of the followingProtecting IT: A Roadmap for Securing the Enterprise•Best Practices for Network Security

  Determining the encoding mechanisms

List all of the IrDA (infrared) encoding mechanisms, and if possible please specify what they do.

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