2. Drew is a farmer from Bulacan who plants palay and corn in his 12 hectares of land. Every planting season he has to plant at least 10 hectares. His budget for a planting season is Php 120,000.00 and each hectare of palay and corn will cost him Php 20.000.00 and Php 10,000.00 respectively. Moreover, he has to finish his planting in 12 hours and it will take him 2 hours to plant a hectare of palay and 3 hours to plant a hectare of corn. The profit for planting a hectare of palay is Php 25,000.00 and the profit for planting a hectare of corn is Php15,000.00. Determine the best combination of planting crops that Drew must follow to maximize his profit. Formulate an LP model for this problem and determine the optimal solution using graphical method.
2. Drew is a farmer from Bulacan who plants palay and corn in his 12 hectares of land. Every planting season he has to plant at least 10 hectares. His budget for a planting season is Php 120,000.00 and each hectare of palay and corn will cost him Php 20.000.00 and Php 10,000.00 respectively. Moreover, he has to finish his planting in 12 hours and it will take him 2 hours to plant a hectare of palay and 3 hours to plant a hectare of corn. The profit for planting a hectare of palay is Php 25,000.00 and the profit for planting a hectare of corn is Php15,000.00. Determine the best combination of planting crops that Drew must follow to maximize his profit. Formulate an LP model for this problem and determine the optimal solution using graphical method.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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