Development of lp problems, Operation Research

Assignment Help:

A company manufactures 2 kinds of hats. Each hat of the I type needs twice as much as labour time as the II type. The company can manufacture a sum of 500 hats a day. The market restricts daily sales of I and II types to 150 and 250 hats. Supposing that the gain per hat is Rs.8 for type A and Rs. 5 for type B. Develop LPP models so as to find out the number of hats to be manufactured of each type so as to maximize the gain (profit).

Answer

Assume x1 - number of hats produced by type A

Assume x2 - number of hats produced by type B

 

Maximize Z = 8x1 + 5x2

Subject to

2x1 + x2 ≤ 500 (labour time)

                        x1 ≤ 150

                        x2 ≤ 250

                 x1≥0, x2 ≥0

 

 


Related Discussions:- Development of lp problems

Critical evaluation of research, 1. What is the major problem or issue bein...

1. What is the major problem or issue being investigated? The interaction between service failure and online shop's readiness for service recovery and the resulting impact on custo

Scope and concept, Explian scope and concept of Operations research?

Explian scope and concept of Operations research?

Line balancing, what will happen when line balance doesn not exist

what will happen when line balance doesn not exist

Advantages of operations research, Operation Research may be regarded as a...

Operation Research may be regarded as a tool which is utilized to increase the effectiveness of the management decisions. O R is objective supplement to the subjective feeling

Research methodology, The influence of daily life of keeping dogs Part ...

The influence of daily life of keeping dogs Part a) Qualitative data analysis: These activities are aimed at developing skills in basic qualitative data analysis Inte

Determination of the operation, An operation is a combination of different...

An operation is a combination of different actions dealing with raw materials( e, g, men and machines) which form a structure from which an action with regard to broader ob

Markov chain models - operation research model, These models are used for a...

These models are used for analyzing a system which changes over a period of time among various possible outcomes or states. The models while dealing with such systems describe tra

Meaning and definition, Meaning and Definition If a group  of N observ...

Meaning and Definition If a group  of N observations is  arranged in ascending or descending  order of magnitude then the  middle  value is  called  median of  these  observat

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