Using excel solve. Yummy Berry Farm has 10 acres it plans to devote to growing blueberries, strawberries and raspberries. Information on its farming requirements, yield, cost and price are in the table below. Yummy Berry has contracts with grocery stores to supply strawberries. To fill these orders, the farm needs to allocate a minimum of 2 acres to growing strawberries. Since raspberries are labour intensive, Yummy Berry does not want to cultivate more than 5 acres of raspberries. Assuming that Yummy Berry will grow only one type of berry on an acre, how should the farm allocate its land among the three berries to maximize its profits. 10 blueberry strawberry raspberry plant per acre 1089 7200 7400 yield per plant (lbs) 15 1 2.5 farming/harvest cost per acre $12,000 $8,000 $15,000 selling price per lb $2.75 $5.50 $3.00
Using excel solve. Yummy Berry Farm has 10 acres it plans to devote to growing blueberries, strawberries
and raspberries. Information on its farming requirements, yield, cost and price are in the
table below. Yummy Berry has contracts with grocery stores to supply strawberries. To fill
these orders, the farm needs to allocate a minimum of 2 acres to growing strawberries.
Since raspberries are labour intensive, Yummy Berry does not want to cultivate more
than 5 acres of raspberries. Assuming that Yummy Berry will grow only one type of berry
on an acre, how should the farm allocate its land among the three berries to maximize its
profits.
10
blueberry strawberry raspberry
plant per acre 1089 7200 7400
yield per plant (lbs) 15 1 2.5
farming/harvest cost per acre $12,000 $8,000 $15,000
selling price per lb $2.75 $5.50 $3.00
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