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Explanation of Solution
Formulation of LP:
Let,
The profit per 100 litter on chemical B is $12.
for
Also, the profit on
The total selling price
The cost per 100 litter on chemical A is $6.
If the user purchases
For processing
Subtracting the purchasing cost and processing cost from selling price, the actual profit is found.
Therefore, the objective function is,
Maximize,
Constraint 1:
For, 100 litters of A, 3 hours of labour is needed
For
Similarly, for 100 litters of C, 1 hour of labour is needed
For,
Therefore, total labour time required is
Since, only 200 labour hours are available, the constraint is
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Chapter 3 Solutions
Introduction to mathematical programming
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- The director of admissions at Kinzua University in Nova Scotia estimated the distribution of student admissions for the fall semester on the basis of past experience. Admissions Probability 1,100 0.5 1,400 0.4 1,300 0.1 Click here for the Excel Data File Required: What is the expected number of admissions for the fall semester? Compute the variance and the standard deviation of the number of admissions. Note: Round your standard deviation to 2 decimal places.arrow_forwardDo number 3 plsarrow_forward10 plsarrow_forward
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