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32 0 360 TC x1 x2 LHS Sign RHS 4360

The document describes a linear programming problem to maximize profit for a toy manufacturing company producing two doll models given plastic and time resource constraints. The current production plan yields $4,100 profit weekly. Solving the LP model graphically and in Excel yields a new optimal solution of 320 dozen Space Rays and 360 dozen Zappers for $4,360 weekly profit, fully utilizing resources while meeting all constraints.

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65 views2 pages

32 0 360 TC x1 x2 LHS Sign RHS 4360

The document describes a linear programming problem to maximize profit for a toy manufacturing company producing two doll models given plastic and time resource constraints. The current production plan yields $4,100 profit weekly. Solving the LP model graphically and in Excel yields a new optimal solution of 320 dozen Space Rays and 360 dozen Zappers for $4,360 weekly profit, fully utilizing resources while meeting all constraints.

Uploaded by

jemal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Solve the Following LPP using excel and discuss the new solution in comparison with the existing

one.
Galaxy manufactures two toy doll models: Space Ray and Zapper. Resources are limited to 1000
pounds of special plastic and 2400 hours of production time per week.
• Marketing requirement
– Total production cannot exceed 700 dozens.
– Number of dozens of Space Rays cannot exceed number of dozens of Zappers by more
than 350.
 Technological input
– Space Rays requires 2 pounds of plastic and 3 minutes of labor per dozen.
– Zappers requires 1 pound of plastic and 4 minutes of labor per dozen.
• The current production plan calls for:
– Producing as much as possible of the more profitable product, Space Ray ($8 profit per
dozen).
– Use resources left over to produce Zappers ($5 profit per dozen), while remaining
within the marketing guidelines.
• The current production plan consists of:
Space Rays = 450 dozen
Zapper = 100 dozen
Profit = $4100 per week ( = 8*450 + 5*100)
Problem: Management is seeking a production schedule that will increase the company’s profit.
A linear programming model can provide an insight and an intelligent solution to this problem.
• Decisions variables:
– X1 = Weekly production level of Space Rays (in dozens)
– X2 = Weekly production level of Zappers (in dozens).
• Objective Function:
– Weekly profit, to be maximized

Model:
Max 8X1 + 5X2 (Weekly profit)
Subject to
2X1 + 1X2 ≤ 1000 (Plastic)
3X1 + 4X2 ≤ 2400 (Production Time)
X1 + X2 ≤ 700 (Total production)
X1 - X2 ≤ 350 (Mix)
X j ≥ 0, j = 1,2 (Non-negativity)

Solution
(Graphical, simplex and excel)
Space Rays = 320 dozen
Zappers = 360 dozen
Profit = $4360
– This solution utilizes all the plastic and all the production hours.
– Total production is only 680 (not 700).
– Space Rays production exceeds Zappers production by only 40 dozens.

32
  0 360       TC
  x1 x2 LHS sign RHS 4360
c1 2 1 1000 less 1000  
c2 3 4 2400 less 2400  
c3 1 1 680 less 700  
c4 1 -1 -40 less 350  

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