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Determine the best course of action for harvest farm

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Using the information below develop a linear program to determine the best course of action for Harvest Farm Enterprises.

Using the results of the linear program prepare an executive summary of 1-2 pages outlining the best plan of action and justifying your decision. One member of your team will submit in Blackboard the following:

  • An Excel file with your LP output
  • Executive summary

Harvest Farm Enterprises operates 3 ranches in the West.  The acreage and irrigation water available for the three ranches are shown below:

Farm

Acreage

Water Available (Acre Feet)

1

400

1,500

2

600

2,000

3

300

900

Three crops can be grown; however, the maximum acreage which can be grown of each crop is limited by the amount of appropriate harvesting equipment available.  The three crops are described below:

Crop

Total Harvesting Capacity (In Acres)

Water Requirements (In Acre-Feet/Acre)

Expected Profit (In $/Acre)

Rye

700

6

400

Corn

800

4

300

Barley 

300

2

100

Any combination of crops can be grown on a farm.

Your Executive Summary should lay out the most profitable production plan. It should also discuss how robust your plan is to commodity price changes or production input prices such as fuel costs, which would impact profitability. Also, it should identify scarce resources and the impact of acquiring additional water, land and harvesting capacity. Please explicitly state any assumptions that go into your analysis.

No of Pages: 4 Pages.

Verified Expert

The paper is all about selecting the best combination of crops to be grown.Linear programming has been used to evaluate the various combinations.Linear programming is an effective method to evaluate the problems were certain constraints are given. Constraints such as water requirements, area available are provided.

Reference no: EM131365413

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inf1365413

1/23/2017 4:35:28 AM

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len1365413

1/21/2017 12:52:57 AM

Total No Of Pages: 4 Pages. Excel file, executive summary 1-2 pages. Using the information develop a linear program to determine the best course of action for Harvest Farm Enterprises. Using the results of the linear program prepare an executive summary of 1-2 pages outlining the best plan of action and justifying your decision.

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