Alexis Cornby makes her living buying and selling corn.On January 1, she has 50 tons of corn and $1,000. On thefirst day of each month Alexis can buy corn at the followingprices per ton: January, $300; February, $350; March, $400;April, $500. On the last day of each month, Alexis can sellcorn at the following prices per ton: January, $250; February,$400; March, $350; April, $550. Alexis stores her corn in awarehouse that can hold at most 100 tons of corn. She mustbe able to pay cash for all corn at the time of purchase. Uselinear programming to determine how Alexis can maximizeher cash on hand at the end of April
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Alexis Cornby makes her living buying and selling corn.
On January 1, she has 50 tons of corn and $1,000. On the
first day of each month Alexis can buy corn at the following
prices per ton: January, $300; February, $350; March, $400;
April, $500. On the last day of each month, Alexis can sell
corn at the following prices per ton: January, $250; February,
$400; March, $350; April, $550. Alexis stores her corn in a
warehouse that can hold at most 100 tons of corn. She must
be able to pay cash for all corn at the time of purchase. Use
linear programming to determine how Alexis can maximize
her cash on hand at the end of April
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