Hint:Solve the below formulated LPM using Graphics method.
Z-Min = 1500x+2400y
Subjected to:
4x+Y>24
2x+3y>42
X+4y>36
X<14
Y<14
X, y>0 Required: Perform the below requirements by Using the Graphics method through considering
appropriate steps and procedures.
i. Solve using Graphics method?
John sells notebooks and pencils and notebooks. In a week he can sell between 400 and 500 pencils and between 150 and 200 notebooks but not more than 650 items altogether. Each pencil costs P18 and sells for P25 while each notebook costs P28 and sells for P45. How many of each type should he get to gain the maximum profit per week? 1. Formulate the problem above as a linear programming problem with objective function and constraints . Start by defining the decision variables and the profit function
Problem 5: To establish a driver educational school, organizers must decide how
many cars, instructors, and students to have. Costs are estimated as follows. Annual
fixed costs to operate the school are 30000 birr. The annual cost per car is 3000 birr.
The cost per instructor is 11000 birr and one instructor in needed for each car.
Tuition for each student is 350 birr. Let X be the number of cars and Y be the
number of students.
A. Write an expression for total cost.
B. Write an expression for total revenue.
C. Write an expression for total profit.
D. The school offers the course eight times each year. Each time the course
is offered, there are two sessions. If the decided to operate five cars, and if
four students can be assigned to each car, will they break-even?
Problem 4: John, president of Hardrock Concrete Company, has plants in three
locations and is currently working on three major construction projects, located at
different sites. The shipping cost per truckload of concrete, plant capacities, and
project requirements are provided in the following table.
A. Formulate an initial feasible solution to Hardrock’s transportation problem
using the northwest corner rule.
B. Find the optimal solution using stepping-stone method
Problem 3: Kebede & co. is considering investing some money that they inherited.
The following payoff table gives the profits that would be realized during the next
year for each of three investment alternatives the co. is considering:
a) What decision should be done by Maximax?
b) What decision should be done by Maximin?
c) What decision should be done by Criterion of realism? Assume that
coefficient of realism, α, to be 0.80.
d) What decision should be done by Equally likely?
e) What decision should be done by Minimax regret?
f) What decision should be done by EMV?
Problem 2: A small business enterprise makes dresses and trousers. To make a
dress requires 2 hours of cutting and 2 hours of sewing. To make a trousers requires
1 hour of cutting and 3 hours of sewing. The profit on a dress is 40 birr and on a
trouser 50 birr. The business has a maximum of 32 hours of cutting time and 48
hours of sewing time to operate per week.
Required:
A. Define the decision variables
B. Write down the constraints in terms of the variables.
C. Write down the Objective Function in terms of the variables.
D. Write down the standard form of the problem
E. Determine how many dresses and trousers should be made to maximize profit
and what the maximum profit is. Using simplex method
Problem 1: A farmer plans to mix two types of food to make a mix of low cost feed
for the animals in his farm. A bag of food A costs $10 and contains 40 units of
proteins, 20 units of minerals and 10 units of vitamins. A bag of food B costs $12
and contains 30 units of proteins, 20 units of minerals and 30 units of vitamins. How
many bags of food A and B should the consumed by the animals each day in order to
meet the minimum daily requirements of 150 units of proteins, 90 units of minerals
and 60 units of vitamins at a minimum cost?
A. Formulate the problem in to linear programming problem model
B. Use graphical approach to find the solution
Establish the initial feasible solutions of the LP model using NCR (North west Corner Rule), MCM ( Minimum Cost Method or Greedy Method), and VAM ( Vogel’s Approximation Method)
Minimize: C = 14X1A + 25X1B + 13X1C + 18 X1D.+ 10X2A + 12X2B + 13X2C + 11X2D+ 15X3A + 20X3B + 11X3C+ 25X3D
Subject to: X1A + X1B + X1C + X1D = 140 X1A + X2A + X3A = 100
X2A + X2B + X2C + X2D = 160 X1B + X2B + X3B = 100
X3A + X3B + X3C + X3D = 50 X1C + X2C + X3C = 50
X1D + X2D + X3D = 100 Xij
1.) Establish the initial feasible solutions of the LP model using NCR (North west Corner Rule), MCM ( Minimum Cost Method or Greedy Method), and VAM ( Vogel’s Approximation Method)
Minimize: C = 14X1A + 25X1B + 13X1C + 18 X1D.+ 10X2A + 12X2B + 13X2C + 11X2D+ 15X3A + 20X3B + 11X3C+ 25X3D
Subject to: X1A + X1B + X1C + X1D = 140 X1A + X2A + X3A = 100
X2A + X2B + X2C + X2D = 160 X1B + X2B + X3B = 100
X3A + X3B + X3C + X3D = 50 X1C + X2C + X3C = 50
X1D + X2D + X3D = 100 Xij >= 0
1.) Establish the initial feasible solutions of the LP model using NCR (North west Corner Rule), MCM ( Minimum Cost Method or Greedy Method), and VAM ( Vogel’s Approximation Method)
Minimize: C = 14X1A + 25X1B + 13X1C + 18 X1D.+ 10X2A + 12X2B + 13X2C + 11X2D+ 15X3A + 20X3B + 11X3C+ 25X3D
Subject to: X1A + X1B + X1C + X1D = 140 X1A + X2A + X3A = 100
X2A + X2B + X2C + X2D = 160 X1B + X2B + X3B = 100
X3A + X3B + X3C + X3D = 50 X1C + X2C + X3C = 50
X1D + X2D + X3D = 100 Xij