for a contract to produce Mwana Mugimu porridge for the UNICEF aided world children. Corn requires a special soil that is scarce, and only 500 acres are available for this crop. Wheat can be planted anywhere on Nakalinzi Country farm’s land. Because of the drought, the regional water district office will allow Nakalinzi Country farm's to pump 800 acre-feet of water for this season’s plantings. Each acre of corn requires 0.75 acre-foot of water, and each acre of wheat requires 0.5 acre foot of water for the season. How many acres should Nakalinzi Country farm's plant in corn and wheat, considering these shortages, if the estimated profit per acre is $400 for corn and $250 for wheat? Use Linear programming both graphical and simultaneously to solve this problem
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Nakalinzi country farms, a large modern farming corporation in Wakiso, plants corn
and wheat on a large tract of irrigated land for a contract to produce Mwana Mugimu
porridge for the UNICEF aided world children. Corn requires a special soil that is
scarce, and only 500 acres are available for this crop. Wheat can be planted
anywhere on Nakalinzi Country farm’s land. Because of the drought, the regional
water district office will allow Nakalinzi Country farm's to pump 800 acre-feet of water
for this season’s plantings. Each acre of corn requires 0.75 acre-foot of water, and
each acre of wheat requires 0.5 acre foot of water for the season. How many acres
should Nakalinzi Country farm's plant in corn and wheat, considering these shortages,
if the estimated profit per acre is $400 for corn and $250 for wheat? Use Linear
programming both graphical and simultaneously to solve this problem
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