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

Important of probability - probability distributioin , Important of Probabi...

Important of Probability The  various practical applications  of the  theory  of probability are: a.The fundamental  laws of statistic viz   the law  of statistical regular

Data and information, Data and Information: The term "data" (plural fo...

Data and Information: The term "data" (plural form of datum) refers to "an individual fact, statistic, or a piece of information or a group or a body of facts, statistics or t

Reports - classification of documents, Reports: Report literature is a...

Reports: Report literature is an important primary source of information, particularly  for a research library. This new  medium for communication of information came into bei

Secondary periodicals - classification of documents, Secondary Periodicals:...

Secondary Periodicals: Secondary Periodicals Secondary periodicals are  abstracting and indexing periodicals.  They are also called documentation periodicals. They are a  syst

Need answer, A paper mill produces two grades of paper viz., X and Y. Becau...

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

Decision tree, ppt on decision tree

ppt on decision tree

Significance of oparation research, discuss the significance of oparation r...

discuss the significance of oparation research

Small sample - hypothesis testing , Small Sample The central limit ...

Small Sample The central limit  theorem does not work well  with small  samples  even if  the  population  in non Gaussian. So  we cannot  rely on the central limit theorem

Significance and scpope of o.r, significance and scope of operation resarch...

significance and scope of operation resarch in morden management?

Closed loop, Write a note on tracing a closed loop. What are the characteri...

Write a note on tracing a closed loop. What are the characteristic features of a closed loop?

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