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Determining the get a maximum profit

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Reference no: EM133197549

Olympic champion Hendra Setiawan is about to retire as an athlete. He needs to make a solid plan of his activity after retirement, and for some reasons he decided to be a farmer. As an investment, Hendra bought 40 hectares of farming area which will be used to cultivate chili and carrot. To meet the demand, he needs to grow at least 5 hectares of chili and 10 hectares of carrot. Growing chili is a lot more difficult than growing carrot, so he prefers to grow carrot instead of chili. However, the profit from planting chili is higher than carrot. Therefore, to be economically feasible, he is allowed to grow carrot in a maximum area of three times larger than to grow chili.

lf profit on chili is 8 million per hectare and on carrot is 5 million per hectare, how many hectares should be used to grow chili to get a maximum profit?

How many hectares should be used to grow carrot to get a maximum profit?

How much is the maximum profit? (Notes: Use 2 digits after decimal point)

Reference no: EM133197549

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