Linear programming is an optimization method that finds the best solution to a problem with several constraints. It involves defining an objective function to maximize or minimize, subject to linear constraints on decision variables. The key steps are to identify the objective, decision variables, constraints, and formulate the linear objective function and constraint equations or inequalities. Several examples are provided of formulating linear programming problems to optimize objectives like profit or cost subject to resource and other constraints.
Linear programming is an optimization method that finds the best solution to a problem with several constraints. It involves defining an objective function to maximize or minimize, subject to linear constraints on decision variables. The key steps are to identify the objective, decision variables, constraints, and formulate the linear objective function and constraint equations or inequalities. Several examples are provided of formulating linear programming problems to optimize objectives like profit or cost subject to resource and other constraints.
Linear programming is an optimization method that finds the best solution to a problem with several constraints. It involves defining an objective function to maximize or minimize, subject to linear constraints on decision variables. The key steps are to identify the objective, decision variables, constraints, and formulate the linear objective function and constraint equations or inequalities. Several examples are provided of formulating linear programming problems to optimize objectives like profit or cost subject to resource and other constraints.
Linear programming is an optimization method that finds the best solution to a problem with several constraints. It involves defining an objective function to maximize or minimize, subject to linear constraints on decision variables. The key steps are to identify the objective, decision variables, constraints, and formulate the linear objective function and constraint equations or inequalities. Several examples are provided of formulating linear programming problems to optimize objectives like profit or cost subject to resource and other constraints.
1. Objective Function – is the function that needs to
be optimized (either maximized or minimized). Examples are profit functions and cost functions. 2. Constraint – is a limitation on the resources (such as materials and labor) or a requirement that must be complied (such as laws or material specification). 3. Linear Programming Problem – consists of a linear objective function to be maximized or to be minimized subject to certain constraints in the form of linear equations or inequalities. Requirements of LP Models 1. The decision maker must have an objective to achieve. This objective must relate to a quantity such as profit or cost, which the decision maker wishes to optimize. 2. There must be at least two decision variables that the decision maker can operate at different levels. 3.The decision variables must be operated at levels that do not violate the limitations/ restrictions placed on the decision maker. 4. The variables must be interrelated and the decision maker must be able to express the relationship in terms of linear equations or linear inequalities. Steps in LP Model Formulation
1. If possible, tabulate the given information in the problem.
2. Identify the objective (either to maximize or to minimize a certain quantity). 3. Identify the decision variables. 4. Write an equation which expresses the quantity to be maximized or to be minimized in terms of the decision variables. This is the objective function. 5. Write the equations or inequalities that express the different constraints. These are the explicit constraints. 6. Include the non-negativity constraint. Formulate but do not solve the LP problems:
1. MD Electronics Corp. is planning to produce
two products C13 and C15. At the assembly plant, a C13 unit requires 4 hours and a C15 requires 5 hours. C13 and C15 units require 3 and 2 hours, respectively, for finishing. At most 220 hours and 210 hours of assembly and finishing, respectively, are available per month. If the anticipated profit is P30/unit for C13 and P25/unit for C15, find the product mix to maximize profit. 2. ABC Furniture produces inexpensive tables and chairs. Both require labor hours for carpentry and painting jobs. Each table requires 4 hours of carpentry time and 2 hours of painting time. Each chair requires 3 hours of carpentry and 1 hour of painting time. During the next production period, there are 240 hours available for carpentry and 100 hours for painting. Each table yields P150 profit and each chair, P75. Determine the best product combination to optimize profit. 3. As a part of quality improvement initiative, Consolidated Electronics employees complete a three-day training program on team-building and a two-day training program on problem solving. The manager of quality improvement has requested that at least 8 training programs on team-building and at least 10 training programs on problem solving be offered during the next six months. In addition, senior level management has specified that at least 25 training programs must be offered during this period. The company uses a consultant to teach the training programs. During the next quarter, the consultant has 84 days of training time available. Each training program on team-building costs P150,000 and each training program on problem solving costs P125,000. Formulate a linear programming model that can be used to determine the number of training programs on team-building and the number of training programs on problem solving that should be offered in order to minimize the total cost. 4. The Kal-Q Company produces two types of calculators: the standard model on which profit is PhP150 and the scientific model on which the profit is PhP240. Weekly supply of chips necessary for the calculators is limited to 6,000 units. Each standard calculator requires 3 chips and each scientific type needs 6 chips. It takes 3 hours to assemble a standard calculator and 2 hours to assemble a scientific calculator. The company has 75 skilled workers, each working 40 hours a week with the company. Furthermore, the company estimates that at most 1,200 calculators can be sold each week. At most 700 standard calculators and at most 900 scientific calculators can be assembled weekly. How many standard and scientific calculators must be produced each week in order to maximize profit? 6. A small generator burns two types of fuel: low sulfur and high sulfur to produce electricity. For one hour, each gallon of low sulfur emits 3 units of sulfur dioxide, generates 4 kilowatts electricity and cost PhP160. Each gallon of high sulfur emits 5 units of sulfur dioxide, generates 4 kilowatts and costs PhP150. The environmental protection agency insists that the maximum amount of sulfur dioxide that can be emitted per hour is 15 units. Suppose that at least 16 kilowatts must be generated per hour, how many gallons of high sulfur and low sulfur must be utilized per hour in order to minimize the cost of fuel? 7. Mr. Investor has ₱500,000 that he intends to invest in one or both of two opportunities. The minimum amount that can be invested in opportunity 1 is ₱200,000, while the maximum in opportunity 2 is ₱300,000. Interest rates per year are 8% for opportunity 1 and 10% for opportunity 2. How much should he invest in each in order to maximize his earnings? 8. A hospital is minimizing the cost of its beef and pork diet. The average diet requires 2 kilos of lean meat and 1 ½ kilos of fat meat per person. The beef, which cost PhP450 per kilo, is 20% of fat and 80% lean meat. The pork, which costs PhP250 per kilo, is 60% fat and 40% lean meat. If the hospital has 300 patients on this diet and if it cannot purchase more than 1,250 kilos of meat because of refrigerator space, how many kilos of beef and how many kilos of pork should be purchased to keep the cost at a minimum. 9. As part of a campaign to promote its annual clearance sale, Shangri- Son Malls decided to buy television advertising time on Station ABS- 5. Its advertising budget is P5M. Morning time costs P150,000/minute, afternoon time costs P50,000/minute and evening or prime time costs P600,000/minute. Station ABS-5 cannot offer Shangri-Son Mall more than 6 minutes of prime time or more than a total of 25 minutes of advertising time over the weeks in which the commercials are to be run. Station ABS-5 estimates that morning commercials are seen by 200,000 people, afternoon commercials are seen by 100,000 people while evening commercials are seen by 600,000 people. How much morning, afternoon and evening advertising time should Shangri-Son Malls buy in order to maximize exposure of its commercials?