Formulate as linear programming problem

Assignment Help Operation Management
Reference no: EM13902533

A firm operates two farms of comparable productivity. Each farm has a certain amount of usable acreage and a supply of labor hours to plant and tend the crops. Farm 1 has 600 acres and 2000 labor hours available per month. The corresponding figures are 800 acres and 2500 labor hours per month for Farm 2. The firm is considering two crops for planting: corn and peas. The maximum acreage that can be devoted to each crop is as follows: 900 acres for corn and 700 acres for peas. Corn requires 3 labor hours per acre per month, while peas require 5 labor hours per acre per month. The expected profits are $250 per acre for corn, and $350 per acre for peas. The firm needs to determine how many acres to devote to each crop on each farm. The objective is to maximize total profit. Formulate as a Linear Programming problem.

Reference no: EM13902533

Questions Cloud

Prepare a three-period moving-average forecast for the data : In the Atlanta area, the number of daily calls for the repair of Xerox copy machines has been recorded as follows: Day of month Calls (count) 1 92 2 127 3 106 4 165 5 125 6 111 7 178 8 97 Using Excel, perform the following calculations: Prepare a thr..
Conflict management refers solely to negotiation strategies : Conflict management refers solely to negotiation strategies that are designed to avoid unnecessary conflict and reduce or resolve excessive conflict. Conflict refers to a process in which one party perceives that its interests are being supported or ..
Complete the health care resources matrix : Imagine you are an administrator for a health care organization and have been asked by your stakeholders to determine how the organizations allocation of resources will be impacted by new health care laws. Complete the Health Care Resources Matrix
What is the break-even point in dollars of sales : A firm is selling two products, chairs and bar stools, each at $60 per unit. Chairs have a variable cost of $30, and bar stools $25. Fixed cost for the firm is $21,000. what is the break-even point in dollars of sales? In units of chairs and bar stoo..
Formulate as linear programming problem : A firm operates two farms of comparable productivity. Each farm has a certain amount of usable acreage and a supply of labor hours to plant and tend the crops. Farm 1 has 600 acres and 2000 labor hours available per month. The firm needs to determine..
Volkswagen group reports the following information : Volkswagen Group reports the following information for property, plant and equipment as of December
What team dysfunction might be occurring : When one or more individuals in the group withhold effort, express negative feelings and attitudes, and violate important team norms and behaviors, the effect is called the: When team members hesitate to help or provide constructive feedback, what te..
Whats best to find an optimal production plan : Global minimum manufactures bikini swimming suits. Their products demands are highly seasonal. The demand forecasts over the next four quarters are: Quarter 1 - 850 dozen suits, Quarter 2 - 1800 dozen suits, Quarter 3 - 1600 dozen suits, and Quarter ..
How effective are these strategies : Are there any benefits that an employer unable to pay a market-competitive salary could offer that could overcome the lower pay? How effective are these strategies?

Reviews

Write a Review

Operation Management Questions & Answers

  Superior research equipment and opportunities

Jill is working as a research scientist at a laboratory when she is approached with an employment offer from a competing laboratory. The competing lab director offers Jill nearly double her present salary and superior research equipment and opport..

  Discusses the benefits of utilizing the quality tool

Write a three to four page paper that discusses the benefits of utilizing the quality tool. Discuss how utilizing internal consultants might add to the understanding of competitive advantage, supply chain performance, and controlling improveme..

  Under current strategies and objectives

Under the current strategies and objectives where will the Apple Company be in 5 years?

  What other approaches could starwood or its competitors use

Starwood is the first major hotel brand to commit to a dedicated six-Sigma program for improving quality. Why might an organization be reluctant to follow this type of formalized methodology? What other approaches could Starwood or its competitors us..

  In what ways can the informal organization

How do centralization, standardization, and horizontal differentiation affect the shape of the organization? In what ways can the informal organization and the norms and values of its culture affect the shape of an organization?

  Explain external strategic management

Describe how you would conduct an external strategic management audit for an organization of your choice. List the procedures you would follow and the specific variables you would examine.

  What moral philosophies were sid

1. What moral philosophies were Sid, Glenna, and Ron using?

  Difficult time managing capacities

Which type of operation has a more difficult time managing capacities: an environment supporting standardized products or one supporting customized products? Why? State your reason(s) and provide examples.

  Discuss whether this exercise could make a contribution

As an individual, develop an inspiring anecdote about something that actually happened, or might have happened, at a current or former employer.

  Develop consumer benefits package for service business

Develop a consumer benefits package for a service business in your community. Be exhaustive and explicit in your package identification.

  Financial statement analysis-inventory measurement method

Noven is a place of ideas – a company where scientific excellence and state-of-art, manufacturing combine to create new answers to human needs. Our transdermal delivery systems speed drugs painlessly and effortlessly into the bloodstream by means of ..

  Calculate the schedule variance-schedule performance index

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third..

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