Formulate and solve it as a dp problem to help the farmer


A farmer in Georgia has 24 hectares of land available this year. A seed salesman introduced the farmer to new products. The salesman has three different types of seeds: corn, wheat, and cotton. One bag of corn can be used to plant 4 hectares, and one bag of wheat and cotton can each be used to plant 6 and 8 hectares, respec- tively. The expected profits for these three seeds are shown in the following table. Formulate and solve it as a DP problem to help the farmer to maximize his expected profit.

 

Corn

Wheat

Cotton

Profit ($/bag)

8,000

15,000

22,000

 

 

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Microeconomics: Formulate and solve it as a dp problem to help the farmer
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