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A farm consists of 240 acres of land. The farmer plans to p…
A farm consists of 240 acres of land. The farmer plans to plant corn (x) and oats (y). Profit per acre in corn is $40 and in oats is $30. The number of labor hours is 320; where each acre of corn requires 2 hours, and oats require 1 hour per acre. Determine the number of acres of corn and of oats that should be planted to maximize profit. Graph the feasible solution and find the corner points. 1. How many corner points exist for the feasible solution? 2. One corner point does NOT lie on the x or y axis, what is the x-value of this corner point? 3. What is the maximum profit? Do NOT put a comma nor $ sign in your answer for the thousands mark (i.e., use 2000 and NOT $2,000.00). You may round your answer to the nearest dollar. (When you finish, make sure to show your chart and work to the camera for few seconds, submit your work after you finish the exam. Answers without chart will not be counted)
A farm consists of 240 acres of land. The farmer plans to p…
Questions
A fаrm cоnsists оf 240 аcres оf lаnd. The farmer plans to plant corn (x) and oats (y). Profit per acre in corn is $40 and in oats is $30. The number of labor hours is 320; where each acre of corn requires 2 hours, and oats require 1 hour per acre. Determine the number of acres of corn and of oats that should be planted to maximize profit. Graph the feasible solution and find the corner points. 1. How many corner points exist for the feasible solution? [n] 2. One corner point does NOT lie on the x or y axis, what is the x-value of this corner point? [x] 3. What is the maximum profit? [P] Do NOT put a comma nor $ sign in your answer for the thousands mark (i.e., use 2000 and NOT $2,000.00). You may round your answer to the nearest dollar. (When you finish, make sure to show your chart and work to the camera for few seconds, submit your work after you finish the exam. Answers without chart will not be counted)
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