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

Calculation of ranks correlation , Calculation of Ranks Correlation W...

Calculation of Ranks Correlation Where Ranks  are Given: When the  actual  ranks  are given  the steps  followed are: a.Compute  the difference  of the  two ranks  (R1 and

Both LP and PIP, marginal rate of substitution, degeneracy and degenerate ...

marginal rate of substitution, degeneracy and degenerate solution

Construction of a mathematical model, The 2 nd phase of operations Resear...

The 2 nd phase of operations Research is to construct a mathematical model representing the system under study. It requires the identification of both static and dynam

Linear programing problems, basic requirements for solving linear programin...

basic requirements for solving linear programing using simplex method

Web based emergency operations center, You are the emergency manager for Ch...

You are the emergency manager for Cheyenne County in a western state. Cheyenne County is located mid-way between two major urban areas and has historically been a rural county. The

Linear programming , Solve the following Linear Programming Problem using S...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

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

Explian scope and concept of Operations research?

De, describe the similarities and differences of transportation and linear ...

describe the similarities and differences of transportation and linear programing methods

Disadvantage of standard deviation - measure of dispersion, Disadvantage ...

Disadvantage  of standard Deviation It is not  easy  to understand  and calculate. It gives  more  weight  to the extremes  and less  to the items   nearer to mean. Since

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