Farm management UE Past Papers Questions.

Present a well documented account on the following terminologies in farm management

1. SWOT analysis
2. Perennial systems

Answer / Solution

UNSOLVED

A firm sells a single product in two completely different markets. The demand curves for each market are given below:

Output is produced in a single plant with a total cost function

Where if the firm wish to maximize profit

1. HOw much output will be sold at each market
2. What price should each set in each market
3. What is the firm maximum profit

Answer / Solution

UNSOLVED

1. Why the decision on the size of farm tractors  to purchase is a very complex process?
2. The farm manager wants to maintain a population of 44,000 plants of maize on his 1 hectare plot which is exactly square. Assuming he is using a four row planter spaced at 75cm apart.

1. What is the most accurate within planting row distance the manager  should maintain
2. Assume the tractor is planting at the ground speed of 5 km/hour, how long will it take to plant the said hectare (assume single turn takes 5 minutes)

Answer / Solution

UNSOLVED

1. Explain 3 underlying assumptions associated to LP analysis
2. Set up the LP equation for profit maximization objective function for simplex tableau approach in a situation with three(3) activities and four (4) constraints.

Answer / Solution

UNSOLVED