You are on page 1of 10

Solution 5:

AVAILABLE
ACREAGE

C/W LABOR
REQUIREMENTS

HOG LABOR
REQUIREMENTS

CORN

600 ACRES

1.6 HOURS/ACRE

N/A

WHEAT

500 ACRES

2.0 ACRES/ACRE

N/A

N/A

N/A

20 HRS/HOG UNIT

1100 ACRES

2000 HOURS

600 HOURS

PRODUCT

HOG UNITS
TOTAL LIMITATIONS

CORN EQUVALENT CONVERSION:


1 BSH CORN = 1 CE
1.1 BSH WHEAT = 1CE; 1BSH WHEAT = .91 CE

LET:

STRATEGY 1:
GOAL
AT LEAST $100K
PROFIT

X1 = BUSHELS OF CORN PRODUCED


X2 = BUSHELS OF WHEAT PRODUCED
X3 = BUSHELS OF CORN SOLD
X4 = BUSHELS OF WHEAT SOLD
X5 = HOG UNITS PRODUCED & SOLD
X6 = BUSHELS OF ADDITIONAL CORN PURCHASED FOR HOG UNITS
X7 = BUSHELS OF ADDITIONAL WHEAT PURCHASED FOR HOG UNITS
X8 = BUSHELS OF CORN USED FOR HOG UNITS
X9 = BUSHELS OF WHEAT USED FOR HOG UNITS

CONSTRAINT
$2.50 X3 + $2.35 X4 + $919.20 X5 - ($146.4/ACRE / 120 BSH/ACRE) X1
- ($48.6/ACRE / 32 BSH/ACRE) X2 - $2.70 X6 - $2.55 X7 + Y1M - Y1P = $100,000

PLANT AT LEAST
X1 + Y2M - Y2P = 3/4 (600 ACRES) (120 BSH/ACRE)
3/4 CORN &
1/2 WHEAT, CORN
X2 + Y3M - Y3P = 1/2 (500 ACRES) (32 BSH/ACRE)
3* MORE IMPORTANT
NO MORE THAN
40 HOG UNITS

X5 + Y4M - Y4P = 40

OTHER GENERAL CONSTRAINTS:

(1.6 HRS/ACRE / 120 BSH/ACRE) X1 + (2 HRS/ACRE / 32 BSH/ACRE) X2 < 2000 HO


X1 < (600 ACRES) (120 BSH/ACRE)
X2 < (500 ACRES) (32 BSH/ACRE)
(20 HRS/HOG UNIT) X5 < 600 HOURS
X3 + X8 <= X1
X4 + X9 <= X2
169.1X5 = X6 + X8 + .91X7 + .91X9

STRATEGY 2:
GOAL

CONSTRAINT

AT LEAST $100K
PROFIT

$2.50 X3 + $2.35 X4 + $919.20 X5 - ($146.4/ACRE / 120 BSH/ACRE) X1


- ($48.6/ACRE / 32 BSH/ACRE) X2 - $2.70 X6 - $2.55 X7 + Y1M - Y1P = $100,000

HOG UNITS OF
40 OR MORE

X5 + Y2M - Y2P = 40

PLANT NO MORE
THAN 3/4 CORN &
1/2 WHEAT

X1 + Y3M - Y3P = 3/4 (600 ACRES) (120 BSH/ACRE)


X2 + Y4M - Y4P = 1/2 (500 ACRES) (32 BSH/ACRE)

OTHER GENERAL CONSTRAINTS:

(1.6 HRS/ACRE / 120 BSH/ACRE) X1 + (2 HRS/ACRE / 32 BSH/ACRE) X2 < 2000 HO


X1 < (600 ACRES) (120 BSH/ACRE)
X2 < (500 ACRES) (32 BSH/ACRE)
(20 HRS/HOG UNIT) X5 < 600 HOURS
X3 + X8 <= X1

X4 + X9 <= X2
169.1X5 = X6 + X8 + .91X7 + .91X9

FARM
OUTPUT

SELLING
PRICE

PRODUCTION PURCHASE
CORN
COST
PRICE
EQUIVALENTS

120 BSH/ACRE

$2.50/BSH

$146.40/ACRE

$2.70/BSH

1 BSH/CE

32 BSH/ACRE

$2.35/BSH

$48.60/ACRE

$2.55/BSH

1.1 BSH/CE

N/A

N/A

N/A

$919.20/HOG UNIT 169.1 BSH(CE)

URCHASED FOR HOG UNITS


PURCHASED FOR HOG UNITS

4/ACRE / 120 BSH/ACRE) X1


X6 - $2.55 X7 + Y1M - Y1P = $100,000

GOAL OBJECTIVE FUNCTION


MIN P1 Y1M

MIN P2 (3 Y2M + Y3M)

MIN P3 Y4P

HRS/ACRE / 32 BSH/ACRE) X2 < 2000 HOURS

(CORN & WHEAT LABOR LIMITATION)

(CORN ACRE LIMITATION)


(WHEAT ACRE LIMITATION)
(HOG LABOR LIMITATION)
CORN SOLD UNITS + CORN USED FOR HOG UNITS=CORN PRODUCED
WHEAT SOLD + WHEAT USED FOR HOG UNITS = WHEAT PRODUCED
H0G UNITS CONSUM 169.1 CORN PURSHASED AND USED FOR HOG UNITS
+ 169.1 (1.1) WHEAT PURCHASED and USED FOR HOG UNITS

GOAL OBJECTIVE FUNCTION

4/ACRE / 120 BSH/ACRE) X1


X6 - $2.55 X7 + Y1M - Y1P = $100,000

MIN P1 Y1M

MIN P2 Y2M

MIN P2 (1.5 Y3P + Y4P)


CORN/WHEAT PROFIT = $1.28/$.83 = 1.54

HRS/ACRE / 32 BSH/ACRE) X2 < 2000 HOURS

(CORN & WHEAT LABOR LIMITATION)

(CORN ACRE LIMITATION)


(WHEAT ACRE LIMITATION)
(HOG LABOR LIMITATION
CORN SOLD UNITS + CORN USED FOR HOG UNITS=CORN PRODUCED

WHEAT SOLD + WHEAT USED FOR HOG UNITS = WHEAT PRODUCED


H0G UNITS CONSUM 169.1 CORN PURSHASED AND USED FOR HOG UNITS
+ 169.1 (1.1) WHEAT PURCHASED and USED FOR HOG UNITS

Solution 5:

STRATEGY 1 MODEL:
MIN Z = P1 YIM + P2 (3Y2M + Y3M) + P3 Y4P
S.T. 2.5 X3 + 2.35 X4 + 919.20 X5 - 1.22 X1 - 1.52 X2 - 2.7 X6 - 2.55 X7 + Y1M - Y1P = 100000
X1 + Y2M - Y2P = 54000
X2 + Y3M - Y3P = 8000
X5 + Y4M - Y4P = 40
.0133 X1 + .0625 X2 < 2000
X1 < 72000
X2 < 16000
X5 < 30
X3 + X8 - X1 < 0
X4 + X9 - X2 < 0
169.1X5 - X6 - X8 -0.91X7 + 0.91X9 = 0

Ist Run and Results

MIN Y1M
S.T. 2.5 X3 + 2.35 X4 + 919.20X5 - 1.22 X1 - 1.52 X2 - 2.7 X6 2.55 X7 + Y1M - Y1P = 100000
X1 + Y2M - Y2P = 54000
X2 + Y3M - Y3P = 8000
X5 + Y4M - Y4P = 40
.0133 X1 + .0625 X2 < 2000
X1 < 72000
X2 < 16000
X5 < 30
X3 + X8 - X1 < 0
X4 + X9 - X2 < 0
169.1X5 - X6 - X8 -0.91X7 + 0.91X9 = 0
P =2.5 X3 + 2.35 X4 + 919.20X5 - 1.22 X1 - 1.52 X2 2.7 X6 - 2.55 X7
Lindo Results:
LP OPTIMUM FOUND AT STEP

OBJECTIVE FUNCTION VALUE


1)

0.0000000E+00

VARIABLE
Y1M

VALUE
0.000000

REDUCED COST
1.000000

Lindo Results:
LP OPTIMUM FOUND AT STEP

OBJECTIVE FUNCTION VALUE


1)

0.0000000E+00

VARIABLE
VALUE
Y1M
0.000000
X3
62499.648438
X4
8000.000000
X5
30.000000
X1
62499.648438
X2
8000.000000
X6
0.000000
X7
5574.725098
Y1P
0.000000
Y2M
0.000000
Y2P
8499.648438
Y3M
0.000000
Y3P
0.000000
Y4M
10.000000
Y4P
0.000000
X8
0.000000
X9
0.000000
P 100000.000000

REDUCED COST
1.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000
0.000000

ROW SLACK OR SURPLUS


DUAL PRICES
2)
0.000000
0.000000
3)
0.000000
0.000000
4)
0.000000
0.000000
5)
0.000000
0.000000
6)
668.754700
0.000000
7)
9500.351562
0.000000
8)
8000.000000
0.000000
9)
0.000000
0.000000
10)
0.000000
0.000000
11)
0.000000
0.000000
12)
0.000000
0.000000
13)
0.000000
0.000000
NO. ITERATIONS=

Goal #1 Achieved
Profit = $100,000
62,499 Bushels of Corn Produced (X
All Bushels of Corn Produced is Sold
8,000 Bushels of Wheat is Produced
ALL Bushels of Wheat is sold (X4)
5,574 Additional Bushels of Wheat i
purchased for Hog Units (X7)
30 Hog Units are produced and sold

Also, Goal 2 is achieved as Y2m and


are 0
We produce 62,499 Bushels of corn
where 54,000 is the objective (so w
over achieved by 8,499)
and we produce 8000 buschels of c
and met the target
Also, Goal 3 is achieved as we prod
30 hog units which is less than 40
objective

ed
00
of Corn Produced (X1)
orn Produced is Sold (X3)
f Wheat is Produced (X2)
Wheat is sold (X4)
l Bushels of Wheat is
og Units (X7)
e produced and sold

chieved as Y2m and Y3m

499 Bushels of corn


the objective (so we
y 8,499)
8000 buschels of corn
get
chieved as we produce
ich is less than 40

You might also like