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

On the basis of ratio of change direction, On the  Basis  of Ratio of Ch...

On the  Basis  of Ratio of Change  Direction   a. Linear Correlation: The  correlation  between  two variables a said  to be liner if  corresponding  to a unit change in th

What is the temperature of water leaving the chillier, A water chillier wit...

A water chillier with a capacity of 30 TR cools 20 m 3 /hr. water entering at 12 o C what is the temp. of water leaving the chillier. A reversible engine has an ideal thermal ef

#title. solution, Solve the following Linear Programming Problem using Simp...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2

Duality, maximum 3x1+x2+x3-x4 subject to x1+5x2+3x3+4x4 x1+x2=-1 x3+x4

maximum 3x1+x2+x3-x4 subject to x1+5x2+3x3+4x4 x1+x2=-1 x3+x4

Linear programing, Solve the following Linear Programming Problem using Sim...

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

International trade, why does south africa regulate int''l trade

why does south africa regulate int''l trade

Microforms and photographs - classification of documents, Photographs and I...

Photographs and Illustrations: Photographs and illustrations are documents which provide a visual or pictorial representation of a person, place or situation which words fail

Making decision - hypothesis testing, Making Decision Lastly a deci...

Making Decision Lastly a decision  should  be arrived as to whether the null  hypothesis is  to be accepted  or rejected. In  this regard the value  of the test  statistic

Game Theory, Task1:- A company is currently involved in negotiation with it...

Task1:- A company is currently involved in negotiation with its union on the upcoming wage contract. Positive signs in the table represent wage increase while negative sign represe

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