Sample linear programming problems to calculate max profit, Operation Research

Assignment Help:

The following linear programming is written to plan the production of two products. And the company wants to maximize profits.

x1 = number of product 1 produced in each batch

x2 = number of product 2 produced in each batch

Max subject to"

150x1+250x2

2x1+ 5x2 <= 200

3x1 + 7x2 <= 175

X1, x2 >= 0

How much profit is earned per each unit of product 2 produced?

a.     150

b.     175

c.      200

d.     250

 Given that

  Max Z = 150 x1 + 250 x2

 Subject to

2x1 + 5x2 <= 200

3x1 + 7x2 <= 175

And x1, x2 >= 0                  

From constraints

  2x1 + 5x2 = 200..............................  (A)

3x1 + 7x2 = 175 ...................................(B)

Or

6x1 + 15x2 = 600

6x1 + 14x2 = 350

Subtracting

X2 = 250

 Put value of x2 in equation (A), we get

2x1 = 200 - 1250 = - 1050

ð X1 = -525 which is meaning less because x1 >= 0, x2>= 0

Thus x1 = 0 and x2 = 250 .

To maximize profit , company should produce 250 units of product 2.

(d) is right answer

10.   Given  that x1 unit of resources 1, and x2 unit of resources 2.

 According to the problem

4x1 + 3x2 <= 150

Thus (b) is right answer 


Related Discussions:- Sample linear programming problems to calculate max profit

Game theory , 3 In a rectangular game, pay-off matrix of player A is as f...

3 In a rectangular game, pay-off matrix of player A is as follows:

Metholodolgy, metholodolgy of operational research

metholodolgy of operational research

One sample tests- hypothesis testing , One Sample Tests The one sample...

One Sample Tests The one sample test is  applied  to a situation where  only a single sample ( one  sample) is taken from  a population in this test the researcher may  be tak

C, classification on the bases of function or purpose

classification on the bases of function or purpose

Linear Equation, Cohen Chemicals, produces two types of photo-developing fl...

Cohen Chemicals, produces two types of photo-developing fluids. The first, a black and white picture chemical, costs Cohen $2500 per ton to produce. The second, a colour photo chem

Correlation - correlation & regression analysis, Normal 0 false...

Normal 0 false false false EN-IN X-NONE X-NONE

Understandibg concepts, what are the preconceptions do you bring to the stu...

what are the preconceptions do you bring to the study of research

Classification of documents by physical characteristics, CLASSIFICATION OF ...

CLASSIFICATION OF DOCUMENTS  BY PHYSICAL CHARACTERISTICS : Documents of various types have been classified  on the basis of their physical characteristics, familiarity

Answering questions for minimum spanning tree problems, Sample Assignment f...

Sample Assignment for minimum spanning tree problems For the subsequent graph get the minimum spanning tree. The numbers on the branches presents the cost.

Simple size -sampling decisions, simple Size When a survey  is underta...

simple Size When a survey  is undertaken and  it is not  possible  to cover  the entire population, the marketing  researcher has to  answer a basic  question  - how  large  s

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd