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

Action phase - phase of operation research, The action phase consists of ...

The action phase consists of making recommendations for remedial action to those who first posed the problem and who control the operations directly. These recommendatio

Quantitative research methods, Select one of the topics listed 1-6 below ...

Select one of the topics listed 1-6 below and outline a programme of quantitative research for its investigation.  The assignment  should cover issues of sample design, instrumen

Mathematical Model, What is meant by a mathematical model of a real situati...

What is meant by a mathematical model of a real situation? Discuss the importance of models in the solution of Operations research problems

Solve the following lpp by graphical method, A company manufactures two typ...

A company manufactures two types of printed circuits. The requirements of transistors, resistors and capacitor for each type of printed circuits along with other data are given in

Steps involved in linear programming problem formulation, Question A - Line...

Question A - Linear Programming is most widely used technique for large number of applications in business industry as well as in various other fields. Describe in brief the steps

Types of correlation - correlation & regression analysis, Types of Correlat...

Types of Correlation 1. Positive Correlation : When the values  of two variables move  in the  same direction .e.  when an increase in  the values  of one  variables  is ass

Sequencing models, The sequencing problems arises whenever there is probl...

The sequencing problems arises whenever there is problems in determining the sequence ( order) in which a member of tasks can be performed by a number of service facilities su

Lpp, A paper mill produces two grades of paper viz., X and Y. Because of ra...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Liner, #question.A paper mill produces two grades of paper viz., X and Y. B...

#question.A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade

Simo chart flow diagram , SIMO Chart Flow Diagram The  flow  diagram  ...

SIMO Chart Flow Diagram The  flow  diagram  is a drawing  indicating  the paths  of men  materials  or components on a scale  plan of  the work  area, department or  factory.

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