When should pears be picked to realize the maximum return

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Reference no: EM131268938

Agriculture:-

A commercial pear grower must decide on the optimum time to have fruit picked and sold. If the pears are picked now, they will bring 30¢ per pound, with each tree yielding an average of 60 pounds of salable pears.

If the average yield per tree increases 6 pounds per tree per week for the next 4 weeks, but the price drops 2¢ per pound per week, when should the pears be picked to realize the maximum return per tree? What is the maximum return?

Reference no: EM131268938

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