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

Objectives of measuring dispersion - measure of dispersion, Objectives of M...

Objectives of Measuring Dispersion a. To judge the Reliability  of Measures of Central Tendency: Measure of dispersion  is the  only means  to test the  representative charac

LPP, A FIRM MANUFACTURES HAEDACHE PILLS IN TWO SIZE A AND B

A FIRM MANUFACTURES HAEDACHE PILLS IN TWO SIZE A AND B

Applications of statistics in management, In a business, statis...

In a business, statistics is used to study the demand and market characteristics of the product or service being sold. In fact, market research

Operations research approach to problem solving, Formulation of the Problem...

Formulation of the Problem: Before proceeding to find the solution of a problem, first of all a manager should be competent enough to form an appropriate model. To do so f

Question, i need many good and important question of operation research obo...

i need many good and important question of operation research obout dinamic programing and non-liner programing and integer orograming ....for study! thank you

Describe states-transitions and transition rate, Customers arrive to a supe...

Customers arrive to a super market according to a Poisson process with intensity V = ½  per minute. The supermarket has two counters, that use a common queue. Counter 1 is always o

Books - report writing presentation , Books a. One author : Authors...

Books a. One author : Authors  last name  first name title  of books place of publication: publisher copyright data page numbers used. b. Two Author : First  author  la

Lpp linear programming problems exercise, Exercise Define the t...

Exercise Define the terms used in LPP. Mention the advantages of LPP. What are the assumptions and limitations of LPP? A firm produces three pro

Ge, Ask question #Minimum 100 words what can engineer planner do in métallu...

Ask question #Minimum 100 words what can engineer planner do in métallurgie accepted#

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

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