Concept explainers
Explanation of Solution
Formulating preemptive goal
Let,
Consider the cost to purchase a color TV is 300 dollars and cost to purchase a voucher is 200 dollars. The maximum of amount that can be spend for purchasing is 20000dollrs. So, the constraint can be written as given below,
The sale of color TV earns a profit of 150dollars and the sale of VCR earns a profit of 100dollor and at least 11000dollors should be earned in profit from the sale. So, the constraints can be written as given below,
A color TV requires 3 square yard of storage space and VCR requires 1 square yard of storage space and no more than 200 square yard of storage space is required
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Introduction to mathematical programming
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