User Account

All Pages

goal programming, Operation Research

Assignment Help:
A farmer in the Midwest has 1,000 acres of land on which she intends to plant corn, wheat, and

soybeans. Each acre of corn costs $100 for preparation, requires 7 worker-days of labor, and yields a

profit of $30. An acre of wheat costs $120 to prepare, requires IO worker-days of labor, and yields $40

profit. An acre of soybeans costs $70 to prepare, requires 8 worker-days, and yields $20 profit. The

farmer has taken out a loan of $80,000 for crop preparation and has contracted with a union for 6,000

worker-days of labor. A midwestern granary has agreed to purchase 200 acres of corn, 500 acres of

wheat, and 300 acres of soybeans. The farmer has estab­lished the following goals, in order of their

importance:

(I) To maintain good relations with the union, the labor contract must be honored; that is, the full

6,000 worker-days of labor contracted for must be used.

(2) Preparation costs should not exceed the loan amount so that additional loans will not have to be

secured.

(3) The farmer desires a profit of at least $105,000 to remain in good financial condition.

(4) Contracting for excess labor should be avoided.

(5) The farmer would like to use as much of the available acreage as possible.

(6) The farmer would like to meet the sales agreement with the granary. However, the goal should

be weighted according to the profit returned by each crop.

a. Formulate a goal programming model to determine the number of acres of each crop the farmer

should plant to satisfy the goals in the best possible way.

b. Solve this model by using the computer.

Related Discussions:- goal programming

Linear Programming models, In your own words, describe the special cases of...

In your own words, describe the special cases of integer programming and binary programming: what makes these problems different? Give an example of each, pointing out why they mus

Describe the demand curve, The following equation gives Jane's linear deman...

The following equation gives Jane's linear demand curve for visits to a nearby national park.  Q is the number of visits per week and P represents the price of a pass (price per vi

Explain the graicunas theory, Question 1 Discuss the impact of Henry Fayol...

Question 1 Discuss the impact of Henry Fayol's principles of management on the modern techniques of management with the help of suitable examples Question 2 Explain the Gary

Assignment, A paper mill produces two grades of paper viz., X and Y. Becaus...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Action phase - phase of operation research, The action phase consists of ...

The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio

CHARACTERISTIC, O.R REPLACES MANAGEMENT BY PERSONALITY

O.R REPLACES MANAGEMENT BY PERSONALITY

Information resources, INFORMATION RESOURCES: Information resources ar...

INFORMATION RESOURCES: Information resources are of two kinds, namely, Documentary and Non-Documentary Sources. Documentary Sources: A document embodies thought. I

LPP, A paper mill produces two grades of paper viz., X and Y. Because of ra...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Linear programing, main components of a linear programming

main components of a linear programming

Operations Research, a. What do you mean by linear programming problem? Exp...

a. What do you mean by linear programming problem? Explain the steps involved in linear programming problem formulation? b. A paper mill produces two grades of paper viz., X and Y.

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd