Maximization Problem: Production Optimization A metallurgical company produces three types of metal products: A, B and C. Thes Products require different amounts of resources to manufacture. The company has limitations on the number of labor hours, machines available and raw Materials. The goal is to maximize total profit. Variables X₁: Quantity of products A to produce. X₂: Quantity of products B to produce. X₂: Quantity of products C to be produced. X₂: Hours of labor used. X: Hours of machines used. X: Amount of raw material used for A. x₁: Amount of raw material used for B. Xg: Amount of raw material used for C. X₂: Upper limit on total product production. X10: Upper limit on the number of work hours available. Objective Function Maximize Z = 5x₁+8x₂+6x Restrictions 2x₁+4x₂+3x3 ≤ x₂ (Labor restriction) 3x₂+2x₂+5x3 ≤X (Machine restriction) X ≤ 5x₂ (Raw material for A) 2x, ≤ 6x₂ (Raw material for B) 3x ≤ 4x3 (Raw material for C) X₂+x₂+x3 ≤ x₂ (Limit on total production) X4 SX₁0 (Limit on the number of work hours) Additional Restrictions X₁, X₂, X3, X4, X5, X₁, X₁, X, X, X1020 (Quantities cannot be negative) Solve this exercise using the scipy.optimize Python library. Define the function target correctly, along with the constraints and then implement the solution to find the optimal values of the variables.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
icon
Related questions
Question
Maximization Problem:
Production Optimization
A metallurgical company produces three types of metal products: A, B and C. These
Products require different amounts of resources to manufacture. The company
has limitations on the number of labor hours, machines available and
raw Materials. The goal is to maximize total profit.
Variables
X₁: Quantity of products A to produce.
X₂: Quantity of products B to produce.
X3: Quantity of products C to be produced.
X4: Hours of labor used.
X5: Hours of machines used.
X: Amount of raw material used for A.
X7: Amount of raw material used for B.
X₂: Amount of raw material used for C.
Xg: Upper limit on total product production.
X10: Upper limit on the number of work hours available.
Objective Function
Maximize Z = 5x, +8x₂+6x3
Restrictions
2x₁+4x₂+3x3 ≤ x₂ (Labor restriction)
3x₁+2x₂+5x3 ≤ X5 (Machine restriction)
X ≤ 5x₂ (Raw material for A)
2x, ≤ 6x₂ (Raw material for B)
3x ≤ 4x, (Raw material for C)
X₂+x₂+x3 ≤ x₂ (Limit on total production)
X4 SX₂0 (Limit on the number of work hours)
Additional Restrictions
X1, X2, X3, X4, X5, X6, X7, XB, X₁, X10 20 (Quantities cannot be negative)
Solve this exercise using the scipy.optimize Python library. Define the function
target correctly, along with the constraints and then implement the solution to
find the optimal values of the variables.
Transcribed Image Text:Maximization Problem: Production Optimization A metallurgical company produces three types of metal products: A, B and C. These Products require different amounts of resources to manufacture. The company has limitations on the number of labor hours, machines available and raw Materials. The goal is to maximize total profit. Variables X₁: Quantity of products A to produce. X₂: Quantity of products B to produce. X3: Quantity of products C to be produced. X4: Hours of labor used. X5: Hours of machines used. X: Amount of raw material used for A. X7: Amount of raw material used for B. X₂: Amount of raw material used for C. Xg: Upper limit on total product production. X10: Upper limit on the number of work hours available. Objective Function Maximize Z = 5x, +8x₂+6x3 Restrictions 2x₁+4x₂+3x3 ≤ x₂ (Labor restriction) 3x₁+2x₂+5x3 ≤ X5 (Machine restriction) X ≤ 5x₂ (Raw material for A) 2x, ≤ 6x₂ (Raw material for B) 3x ≤ 4x, (Raw material for C) X₂+x₂+x3 ≤ x₂ (Limit on total production) X4 SX₂0 (Limit on the number of work hours) Additional Restrictions X1, X2, X3, X4, X5, X6, X7, XB, X₁, X10 20 (Quantities cannot be negative) Solve this exercise using the scipy.optimize Python library. Define the function target correctly, along with the constraints and then implement the solution to find the optimal values of the variables.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Topological Sort
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Database System Concepts
Database System Concepts
Computer Science
ISBN:
9780078022159
Author:
Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:
McGraw-Hill Education
Starting Out with Python (4th Edition)
Starting Out with Python (4th Edition)
Computer Science
ISBN:
9780134444321
Author:
Tony Gaddis
Publisher:
PEARSON
Digital Fundamentals (11th Edition)
Digital Fundamentals (11th Edition)
Computer Science
ISBN:
9780132737968
Author:
Thomas L. Floyd
Publisher:
PEARSON
C How to Program (8th Edition)
C How to Program (8th Edition)
Computer Science
ISBN:
9780133976892
Author:
Paul J. Deitel, Harvey Deitel
Publisher:
PEARSON
Database Systems: Design, Implementation, & Manag…
Database Systems: Design, Implementation, & Manag…
Computer Science
ISBN:
9781337627900
Author:
Carlos Coronel, Steven Morris
Publisher:
Cengage Learning
Programmable Logic Controllers
Programmable Logic Controllers
Computer Science
ISBN:
9780073373843
Author:
Frank D. Petruzella
Publisher:
McGraw-Hill Education