The Callaghan family owns 410 acres of farmland in Co. Cork on which they grow wheat andoats. Each acre of wheat costs €105 to plant, cultivate, and harvest; each acre of oats costs€210. The Bradleys have a budget of €52,500 for next year. The government limits thenumber of acres of oats that can be planted to 100. The profit from each acre of wheat is€300; the profit from each acre of oats is €520. The Callaghans want to know how many acresof each crop to plant in order to maximize their profit.iv. Solve the linear programming model i.e, find the optimal solution to the model so thatthe Callaghans can decide how many acres of wheat and oats they should plant. Howmany acres of farmland will not be cultivated at the optimal solution?

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Answered: The Callaghan family owns 410 acres of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter11: Simulation Models

Section: Chapter Questions

Problem 69P: The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon...

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