8. The National Parks Service is receiving four bids for logging at three pine forests in Arkansas. The three locations include 10,000,20,000, and 30,000 acres. A single bidder can bid for at most 50% of the total acreage available. The bids per acre at the three locations are given in Table 5.15. Bidder 2 does not wish to bid on location I, and bidder 3 cannot bid on location 2.
(a) In the present situation, we need to maximize the total bidding revenue for the Parks Service. Show how the problem can be formulated as a transportation model.
(b) Determine the acreage that should be assigned to each of the four bidders.