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

LPP, A paper mill produces two grades of paper viz., X and Y. Because of ra...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Maths, Solve the following Linear Programming Problem using Simple method. ...

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

Short question, write down any two assumption of L.P

write down any two assumption of L.P

A paper mill, A paper mill products two grade of paper viz., X & Y. Because...

A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we

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

Operation research techniques, Select five Operations Research techniques a...

Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.

Decision Analysis, make a research project for modern day companies on how...

make a research project for modern day companies on how they can make decisions using decision analysis

#title.industry, scope of operation research in insutry and defence

scope of operation research in insutry and defence

Reasearch on software design, Write a research paper in relation to a Softw...

Write a research paper in relation to a Software Design related topic. Diagrams and drawing of attention to key points through highlighting, bulleting etc is encouraged. Questi

A paper mill, A paper mill products two grade of paper viz., X & Y. Because...

A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we

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