Answer:
z (max) = 17461.54 $
x₁ = 29.23 acres
x₂ = 0
x₃ = 3.07
Step-by-step explanation: INCOMPLETE QUESTION.
As the problem statement establishes: "Each crop requires labor, fertilizer, and insecticide" and information about quantities and availability does not exist. To build a model and that such model would be feasible I copy from the internet the following data. We assume the problem is to maximize the number of acres to plant with a maximum of profit ( we will use as profit the numbers 550 ; 350 ; 450 for acres of corn, peanuts, and cotton)
Then z = 550*x₁ + 350*x₂ + 450*x₃ to maximize
labor (h) fertilizer ( tn) Insecticide (Tn)
acres of corn (x₁) 2 4 3
acres of peanut (x₂) 3 3 2
acres of cotton (x₃) 2 1 4
Availability acres 40 120 120 100
Constraints:
1) Size of the farm 120 acres
x₁ + x₂ + x₃ ≤ 40
2) labor 120 h
2*x₁ + 3*x₂ + 2*x₃ ≤ 120
3) Fertilizer 120 Tn
4*x₁ + 3*x₂ + 1*x₃ ≤ 120
4) Insecticide 100 Tn
3*x₁ + 2*x₂ + 4*x₃ ≤ 100
The Model is:
z = 550*x₁ + 350*x₂ + 450*x₃ to maximize
Subject to:
x₁ + x₂ + x₃ ≤ 40
2*x₁ + 3*x₂ + 2*x₃ ≤ 120
4*x₁ + 3*x₂ + 1*x₃ ≤ 120
3*x₁ + 2*x₂ + 4*x₃ ≤ 100
x₁ ≥ 0 ; x₂ ≥ 0 ; x₃ ≥ 0
After 3 iterations using an on-line solver optimal solution is:
z (max) = 17461.54 $
x₁ = 29.23 acres
x₂ = 0
x₃ = 3.07
