[Solution Library] The Collins family owns 405 acres of farmland in NC on which they grow corn and tobacco. Each acre of corn costs $110 to plan, cultivate,
Question: The Collins family owns 405 acres of farmland in NC on which they grow corn and tobacco. Each acre of corn costs $110 to plan, cultivate, and harvest; each acre of tobacco costs $215. The Collins budget $55,000 for next year. The government wants to limit the number of acres of tobacco that can be planted to 100 acres. The profit for each acre of corn is $325; the profit from each acre of tobacco is $525. How many acres of each crop should be planted in order to maximize profit?
- Formulate a linear programming model and solve.
- How many acres of farmland will not be cultivated at the optimal solution? Do the Collins use the entire 100 acre tobacco allotment?
- What would the profit for corn have to be for the Collins to plant only corn?
- If the Collins can obtain an additional 100 acres of land, will the number of acres of corn and tobacco they plan to grow change?
- If they decide not to cultivate a 50 acre section as part of a crop recovery-program, how will it affect their crop plans?
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