Unformatted text preview: 6) _Reduced Cost_______ is a type of dual activity in an LP that shows you how much profit would decrease if you produced one unit of an activity not currently in the solution. 7) __Enterprise Budget_______ lists all the returns and costs associated with producing a unit of a given enterprise. 8) __Linear Programming_____ is a mathematical technique that can be used to select the best combination of enterprises to produce on a farm, given the resources available. 9) _Whole farm budget___ projects the returns, costs, and expected net farm income from operations from following a particular farm plan. 10) __Marginal cost__ is the additional cost associated with producing one more unit of output....
View Full Document
- Fall '08
- net farm income, dual activity, particular farm plan, _Whole farm budget___