Explore BrainMass

# Maximum profit

Not what you're looking for? Search our solutions OR ask your own Custom question.

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

A farmer grows two crops, corn and soybeans. Suppose that each acre planted with corn requires 1 man day of labor, \$3 investment and yields a profit of \$35 at harvest. Each acre of soybeans on the other hand requires 2 man days of labor,\$1 investment and returns a profit of \$20 at harvest. The farmer had a total of 70 acres available for these crops. He has \$140 he can invest and 80 man days of labor available. How many acres of each crop should he plant for maximum profit?

#### Solution Preview

Let, on X acres of earth Corn is planted, and on Y acres Soybean is planted.

labor constrain:
1*X + 2*Y <= 80
=> X + 2Y <= 80 ...(1)

Field constrain:
X+Y = 70 ........(2)

Profit:
P(X,Y) = (35-3)*X + (20-1)*Y
=>P(X,Y) = 32X + 19Y ..(3)

Take ...

#### Solution Summary

This shows how to find maximum profit for a farmer planting crops.

\$2.49