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

Lcd projectors - reoprt writing presentation , LCD Projectors  LCD...

LCD Projectors  LCD projectors  are several  steps  ahead of conventional OHPs. These  projectors  are more  compact  and more  powerful  and can  be directly  linked to a

Case Analysis, Ask question #Minimum 100 woRead this article and then write...

Ask question #Minimum 100 woRead this article and then write a three-page summary of the application (problem definition, objective function constraints, decision variables, etc.)

Regression equations - correlation regression analysis, Regression Equation...

Regression Equations The   regression equations express the regression line. As there are two regression lines so there  are two  regression  equations. The regression equatio

Modeling, Model building is the essence of the operations research approach...

Model building is the essence of the operations research approach? Discuss.

Quality circles, advantage of quality circle process

advantage of quality circle process

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..

Inflation, Inflation Inflation is a general...

Inflation Inflation is a general increase in the price of goods and services. The inflation rate, as measured by the

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

Institutional Characteristics - information resources, Institutional Charac...

Institutional Characteristics:  An approach to an understanding of the fields of interest of individuals to be served and of the organisation as a whole could begin by acquiri

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