The linear inequalities or equations on the variables of a linear programming problem are called O parameters O infeasible region O feasible region O constraints O decision variables
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- What are the benefits of linear programming models ?Simplex Method Write in normal form and solve by the simplex method, assuming x, to be nonnegative. 1. The owner of a shop producing automobile trailers wishes to determine the best mix for his three products: flat-bed trailers, economy trailers, and luxury trailers. His shop is limited to working 24 days/month on metal- working and 60 days/month on woodworking for these products. The following table indicates production data for the trailers. Usage per unit of trailer Flat-bed Economy Luxury Available resources 1 2 1 24 Metal work days Wood work days Contribution (Rx100) 60 4 6 2 14 13The new Chief Operating Officer (COO) of Lee Ching Chemical Company, MaxChing, has found that the firm has been dumping its toxic waste into the local riverfor the last four years and falsifying information to officials about the amounts ofalleged cancer-causing materials in the waste. The plant overseer claims there is noevidence that the waste will cause cancer. Besides, within a hundred kilometersdownriver, there are only a few fishing villages. If the company had to treat thesubstance to neutralize its potentially harmful effects and transport it to a legaldumpsite, the operating costs of the company would rise to a level that could renderthe company uncompetitive. When the organization loses its competitive advantage,five thousand local workers can become unemployed and the economy of that towncould collapse. Question: If you were the COO, what would you do? Why?
- Facility Location. A paper products manufacturer has enough capital to build and manage some additional manufacturing plants in the United States in order to meet increased demand in three cities: New York City, NY; Los Angeles, CA; and Topeka, KS. The company is considering building in Denver, CO; Seattle, WA; and St. Louis, MO. Max Operating Capacity 400 tons/day 700 tons/day Denver Seattle $10/ton $17/tor $5/ton $11/ton.... $18/ton.... $28/ton Los Angeles Topeka New York City Figure 1: Graphical representation of the given data = • The cost fi of building plants in these cities is fi $10,000,000 in Seattle. Unmet Demand 300 tons/day 100 tons/day 500 tons/day • Due to geographic constraints, plants in Denver and Seattle would have a maximum operating capacity kį of 400 tons/day and 700 tons/day respectively. $5,000,000 in Denver and f2 = • The cost cij per ton of transporting paper from city i to city j is outlined in Figure 1. • The unmet demand d, for Los Angeles, Topeka, and New…A trust officer at the Blacksburg National Bank needs to determine how to invest $100,000 in the following collection of bonds to maximize the total annual return (before tax). Bond Annual Return Maturity Risk Tax-Free A 9.5% Long High Yes B 8.0% Short Low Yes C 9.0% Long Low No D 9.0% Long High Yes E 9.0% Short High No The officer wants to invest as least 50% of the money in short-term issues and no more than 50% in high-risk issues. At least 30% of the funds should go in tax-free investments, and at least 40% of the total annual return should be tax free. Suppose the decision variable represents the amount of money invested in bond for . Formulate a linear programming (LP) model to solve the optimal strategy. 1. Write down the constraint using the defined decision variables requiring “invest as least 50% of the money in short-term issues”. 2. Write down the constraint using the defined decision…A scientist solves a nonhomogencous System of 10 linear equations in 12 unknowns and finds that three of the unknowns are free variables. Can the scientist be certain that, if the right sides of the equations are changed, the new homogencous system will have a solution ? To get the answer for above question, answer the followings (a) What is the order of the coefficient matrix? (b) ColA is a subspace of the vector space (c) What is dim Nul A ? (d) Write down the rank theorem. (e) What is rank A ? (f) What is dimCoIA ? (g) What is the conclusion for scientist's problem.
- 9. Which of the following is NOT a requirement of a linear programming problem? Select one: a. constraints, expressed as linear equations or inequalities b. an objective function to be maximized or minimized c. an objective function, expressed in linear terms d. alternative courses of action e. one constraint for each decision variableHeller Manufacturing has two production facilities that manufacture baseball gloves. Production costs at the two facilities differ because of varying labor rates, local property taxes, type of equipment, capacity, and so on. The Dayton plant has weekly costs that can be expressed as a function of the number of gloves produced TCD(X) = x² - X + 9 where X is the weekly production volume in thousands of units and TCD(X) is the cost in thousands of dollars. The Hamilton plant's weekly production costs are given by TCH(Y) = y² + 2Y + 6 where Y is the weekly production volume in thousands of units and TCH(Y) is the cost in thousands of dollars. Heller Manufacturing would like to produce 9,000 gloves per week at the lowest possible cost. (a) Formulate a mathematical model that can be used to determine the optimal number of gloves to produce each week at each facility. X²-X+9+²+2Y+6 min s.t. X+Y X, Y 20 = 9 (b) Use Excel Solver or LINGO to find the solution to your mathematical model to…A trust officer at the Blacksburg National Bank needs to determine how to invest $150,000 in the following collection of bonds to maximize the annual return. Bond Annual Return Maturity Risk Tax Free A 9.5% Long High Yes B 8.0% Short Low Yes C 9.0% Long Low No D 9.0% Long High Yes E 9.0% Short High No The officer wants to invest at least 40% of the money in short-term issues and no more than 20% in high-risk issues. At least 25% of the funds should go in tax-free investments, and at least 45% of the total annual return should be tax free. Formulate the LP model for this problem. Create the spreadsheet model and use Solver to solve the problem. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Indicate which of the following is an all-integer linear program and which is a mixed-integer linear program. Write the LP Relaxation for the problem but do not attempt to solve. (a) 70x1 + 65x2 (b) Is this linear program an all-integer linear program or a mixed-integer linear program? This is an all-integer linear program. This is a mixed-integer linear program. Max Write the LP Relaxation for the problem. s.t. (1) (2) (3) Max s.t. ---Select--- (1) 9x₁ + 4.5x₂ ≤ 400 (2) 4.5X₁ + 2x₂ ≤250 (3) x₁ + x₂ ≤ 150 X₁, X₂20 and X₂ integer Min s.t. (1) Is this linear program an all-integer linear program or a mixed-integer linear program? This is an all-integer linear program. This is a mixed-integer linear program. (2) Min s.t. Write the LP Relaxation for the problem. 7x1 + 8x2 (1) 6X₁ + 8X₂ ≥ 8 (2) 6X₁ + 10x₂ ≥ 12 X₁, X₂20 and integer ---Select---Consider the following linear programming model: maximize Z = 3x1 + 2x2 subject to : x1 +x2 ≤ 1 x1 + x2 ≥ 2 x1,x2 ≥ 0 a) Write this model in a standard (augmented) form. (i.e. Introduce slack/surplus, artificial etc.)b) Constract the initial simplex tableau and carry on your calculations to solve this model using the simplex method. Interpret your result.How can dispute resolution be used as an opportunity for growth and learning, both for individuals and for the organization as a whole?