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

Differentiate among descriptive and inferential analysis o, Question 1 ...

Question 1 A) Differentiate among descriptive and inferential analysis of data B) Describe with examples various measures of Central Tendency Question 2 The chi-square

OR, what is operation research an management decision making

what is operation research an management decision making

LINEAR PROGRAMMING, A DRUG MANUFACTURER produces 2 products X1 and X2.X1 ne...

A DRUG MANUFACTURER produces 2 products X1 and X2.X1 needs 2 hours on machine A AND 2 HOURS ON MACHINE B.X2 needs 3 hours on machine A and 1 hour on machine B.If machine A can run

Development of lp problems, A company manufactures 2 kinds of hats. Each ha...

A company manufactures 2 kinds of hats. Each hat of the I type needs twice as much as labour time as the II type. The company can manufacture a sum of 500 hats a day. The market re

M/M/s queue, How do I use C# to program an M/M/s queue model?

How do I use C# to program an M/M/s queue model?

Sample survey methods:, Sample Survey Methods: If proposed investigati...

Sample Survey Methods: If proposed investigation is done  only on  a part taken  out of  universe then it  will be  known  as sample  survey. This  part of the universe is kno

form of t- distribution - hypothesis testing , Form of t- Distribution ...

Form of t- Distribution 1. The students  t - distribution  like the  normal  distribution has bell shaped frequency  curve which is symmetrical. The only  parameter which  det

U.S. Healthcare Timeline, 500 word summary written in third person on predi...

500 word summary written in third person on predictions of how current healthcare reform polocies will impact the future of healthcare

Medical industry payments to physicians, Medical Industry Payments to Physi...

Medical Industry Payments to Physicians The relationships between physicians and medical related companies in the United States, generally acknowledged to be familiar given th

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