Final answer:
To formulate an LP problem that can decide how many acres of each crop the farmer should plant to maximize his revenue, we can use variables for the number of acres of wheat and corn, an objective function to maximize revenue, and constraints for capital and labor. The equations can be used to determine the optimal solution.
Step-by-step explanation:
To formulate an LP problem that can decide how many acres of each crop the farmer should plant to maximize his revenue, we can use the following variables:
- Let x be the number of acres of wheat to be planted
- Let y be the number of acres of corn to be planted
The objective function is to maximize the revenue, which can be expressed as:
R = 80x + 60y
The constraints are:The farmer has only $800 in capital allocated for planting the crops, which can be expressed as:
5x + 10y ≤ 800
The family has only 150 days of labor to devote to the crops, which can be expressed as:
2x + y ≤ 150
The number of acres cannot be negative, which can be expressed as:x ≥ 0, y ≥ 0
These equations can be used to determine the number of acres of each crop the farmer should plant to maximize his revenue.