Determine how much land should be devoted

Assignment Help Business Management
Reference no: EM133369435

Applied Management Science

Scenario
Requirements

Mr. Soanso and his family have a 100-acre farm which they use for growing various crops. The family is planning to plant a mix of five crops (Beans, Cucumber, Sweet Corn, Tomatoes, and Watermelon) for the upcoming season, aiming for a high yield goal with 90% assurance level. Mr. Soanso is not planning to hire any external labor during the upcoming season - he will be making use of 2,000 hours of his own and another 5,000 hours of labor available from his family. There are sufficient amount of seeds and 300 tons of fertilizer available to utilize during the upcoming season.

The table below provides details about the labor-hours and tons of fertilizer required per acre, as well as the total expected

Crops Beans Cucumber Sweet Corn Tomatoes Watermelon
Required Labor (Hours/acre) 95 50 85 60 70
Required Fertilizers (Tons/acre) 4 1.5 3.5 2 3
Expected Profit ($/ton) 568 649 730 405 486

Mr. Soanso wishes to use a low-pressure spray method for irrigating the crops and would need to meet peak irrigation water demand as per the following:

- The peak water use rate is 0.25 inches per day with 20 daily pumping hours for three days per week.
- The total average daily consumption of water in the farm does not exceed 65,000 gallons.

In addition, Mr. Soanso has the following demand considerations for the upcoming season:

- At least 10 acres of cucumbers should be planted
- The total planted acres of beans and corn should be at least 20 acres
- The total planted acres of beans, cucumber, and tomatoes should be at least 30 acres
- The total planted acres of cucumber and tomatoes should not exceed the total planted acres of beans, sweet corn, and watermelon

Question 1: Refer to the Irrigation Fact Sheet to estimate the average daily water requirement for each crop using the pro page 4. Also determine the expected quantity of the five crops to be produced.

Crops Beans Cucumber Sweet Corn Tomatoes Watermelon
Average daily water required (gallons/day)          
Quantity to be produced (tons/acre)          

Question 2: Develop complete algebraic and spreadsheet models to illustrate the case of Mr. Soanso.

Question 3: Use your spreadsheet model to determine how much land (total area irrigated) should be devoted to each of maximize Mr. Soanso's profit.

Question 4: Provide recommendations to Mr. Soanso based on the obtained results using your own words.

Attachment:- project resaource allocation.rar

Reference no: EM133369435

Questions Cloud

What is the dependent variable of interest : What is the dependent variable of interest, what does variation of the dependent variable look like in clear terms, and how would you study that variation?
Estimate the average daily water requirement for each crop : Estimate the average daily water requirement for each crop using the pro page 4. Also determine the expected quantity of the five crops to be produced
Do you consider arizona public school system to be uniform : Do you agree or disagree that presidents should have the final say in determining if a state enters the Union? Do you agree or disagree with President Taft
Why would the grandtown library not be considered a hybrid : Why would the Grandtown Library not be considered a hybrid to Walmart in the case of the Grandtown's New Public Library?
Determine how much land should be devoted : BUS306 Applied Management Science - Use your spreadsheet model to determine how much land should be devoted to each of maximize Mr. Soansos profit
What are the elements of state : Similarities of nation and nationality What are the elements of State? Is Philippines a state? Defend your answer.
What characteristics of the allied chain of command impacted : What characteristics of the Allied chain of command impacted effective Battle Command during operations in Hue?
What are advantages and disadvantages of an expanded role : What are the advantages and disadvantages of an expanded role for the UN? 2. The concept of human security, as we understand it today, took shape in the 1990s
Difference between puberty and adolescence : What is the difference between puberty and adolescence?

Reviews

len3369435

3/23/2023 10:23:24 PM

The project is about resource allocation and profit maximization. The course is applied management science BUS306. The work needs to be in excel. The project should contain algebraic model, spread sheet. Also it should take in account the all the constraints. The process of solving require excel solver table add-in to excel sheet.

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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