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

Application of operation reserch., how i make project report on "applicatio...

how i make project report on "application of or".i want help from you.can you give me idea to complete this report..

Poisson Process, Telephone calls arrive at a switchboard in a Poisson proce...

Telephone calls arrive at a switchboard in a Poisson process at the rate of 2 per minute. A random one-tenth of the calls are long distance. (a) What is the probability of at least

Automation, whatdo you mean by automation

whatdo you mean by automation

Scientific methods, Royce A. Singleton and Bruce C. Straits have said tha...

Royce A. Singleton and Bruce C. Straits have said that scientific social research consists of the process of formulating and seeking answers to question about the social wor

Discuss the basic components of any queueing system, Question: (a) Disc...

Question: (a) Discuss briefly the four basic components of any queueing system. (b) Explain what you understand by the following models: (i) (M| M | 1 : N | FCFS) (ii

How to solve operation research optimization questions, how to solve operat...

how to solve operation research optimization questions

Macroeconomic environment in which the business operates, Provide a descrip...

Provide a description of the macroeconomic environment in which the business operates noting: a) The overall 'stability' of the political system/government of the country in whi

Explain decision making process, Explain Decision Making Process. Deci...

Explain Decision Making Process. Decision Making Process: A good decision can only be prepared as a result of a rational decision making process. The different stages of the

Discuss how theories is helpful researchers in communication, QUESTION 1 ...

QUESTION 1 i) What do you understand by the following terms? And what is their role in communication theories? Ontology Epistemology Axiology ii) Discuss how

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