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

Standard deviation - sampling decisons, Standard Deviation The  standa...

Standard Deviation The  standard deviation of samples (s) can be estimated by  the pilot  study past studies and the  ranges of distribution. A pilot study  may be  conducted

Explain the history of boots and shoes, Question 1 Explain any five access...

Question 1 Explain any five accessory industries Question 2 Explain the history of boots and shoes Question 3 Write short notes on following- Types of Gujarati emb

Principles of construction of research tool, Principles of Construction of ...

Principles of Construction of Research Tool Content of research tool should be based on aims and need of research problem: The questioning words must be concise compreh

Significance and scpope of o.r, significance and scope of operation resarch...

significance and scope of operation resarch in morden management?

Software, role of computer software in operation research

role of computer software in operation research

Stepping stone method, This is a  procedure of determining  the potential i...

This is a  procedure of determining  the potential if any for improving each  of the non basic variables in terms of the objective function. To determine  this  potential  each of

Determine phases-states-decisions and probability , G. Ambler has € 10000 ...

G. Ambler has € 10000 available for a second hand car, but would like to buy a fast car that costs € 25000. He needs the money for that car quickly, and would like to increase his

Advantages of operations research, Operation Research may be regarded as a...

Operation Research may be regarded as a tool which is utilized to increase the effectiveness of the management decisions. O R is objective supplement to the subjective feeling

Draw a network for the project adn determine the critical pa, a)Draw a netw...

a)Draw a network for the project. b)Determine the critical path. Activity Duration Activity Duration 1-2 15 5-10 22 1-3 13 6-9 33 1-4 1

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