Rienzi Farms grows sugar cane and soybeans on its 500 acres of land. An acre of soybeans brings a $1000 contribution to profit; an acre of sugar cane has a contribution of $2000. Because of a government program no more than 200 acres may be planted in soybeans. During the planting season 1200 hours of planting time will be available. Each acre of soybeans requires 2 hours, while each acre of sugar cane requires 5 hours. The company seeks maximum contribution (profit) from its planting decision.
a) Build LP model.(state the decision variables,objective and constraints)
b) Plot the constraints and determine the feasible region clearly
c) Solve by using graphical method.(use corner method)
d) Which constraints are binding and non-binding?