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Unformatted text preview: Check to be sure that the answers you get for the original Xi variables are feasible. AGEC 7100, Homework, Page 2 3) Adding a new activity to increase the RHS of a resource. Solve the following problem, which we covered in class: cotton corn hlab2 hlab3 soy type rhs OBJ 130.82 74.71 -6-6 79.43 land 1 1 1 le 300 lab2 1.2 1.5 -1 0.5 le 400 lab3 2 0.9 -1 1.7 le 400 lab4 0.5 0 0 le 400 mach 1 0 0 le 200 a) The producer finds out he can custom hire machinery for cotton for a fee of $60 an acre. Change the problem to account for this new information and rerun it. Did the solution change? Why or why not? b) The producer also discovers that he can rent additional cropland at $40 an acre. Add an activity to this problem to incorporate this new information and resolve the problem. Did the solution change? Why or why not?...
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This note was uploaded on 11/15/2011 for the course AGEC 7100 taught by Professor Duffy,p during the Fall '08 term at Auburn University.
- Fall '08