Explore BrainMass

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?

    © BrainMass Inc. brainmass.com December 24, 2021, 4:55 pm ad1c9bdddf

    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)

    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.