Discuss the linear programming problem

Assignment Help Microeconomics
Reference no: EM131482049

Question: 1. An aircraft manufacturer fitting out the interior of a plane can use two fitments A and B, which contain components X, Y and Z in the following quantities:

1 unit of A contains 3 units of X, 4 units of Y plus 2 units of Z

1 unit of B contains 6 units of X, 5 units of Y plus 8 units of Z

The aircraft design is such that there must be at least 540 units of X, 600 units of Y and 480 units of Z in total in the plane. If each unit of A weighs 4 kg and each unit of B weighs 6 kg, what combination of A and B will minimize the total weight of these fitments in the plane?

2. Construct your own linear programming problem involving the minimization of an objective function and then solve it.

Reference no: EM131482049

Questions Cloud

Find the maximize total profit : The per-unit profit of A is £1,500, and for B the figure is £1,000. Input availability is restricted to 60 units of X, 40 units of Y and 70 units of Z.
Find the effective gross hourly cost : Find the effective gross hourly cost. What is the job cost if a job will re quire 10 man-hours with a productivity of 94%?
Design a medium sized software system : The aim of this assignment is to test your ability to design a medium sized software system and to demonstrate your ability to manage and present clearly a design document.
Why it is necessary to have a clearly stated hypothesis : Once that has been accomplished. Explain why it is necessary to have a clearly stated hypothesis before beginning to collect data.
Discuss the linear programming problem : An aircraft manufacturer fitting out the interior of a plane can use two fitments A and B, which contain components X, Y and Z in the following quantities.
Analyze the behavior of the investigator : Analyze the behavior of the investigator(s), including the analysis of the crime scene. How our biases and assumptions influence assessments of individuals.
Compute the cost of a batch of the final product : A firm uses two inputs R and Twhich cost £40 each per tonne. They both contain the chemical compounds G and H in the following quantities.
Volunteer underwent the mandatory training : Is the hospital liable because the volunteer underwent the mandatory training? If so, why?
What hurdles do you anticipate : Our organization specializes in a customer service based experience that caters to our clients in a unique way. What hurdles do you anticipate?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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