Business Analysis
Business Analysis
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Solve the in equation graphically: 1/3 x + 1/2 y ≤ 100; and take a point on the
plane, for example (0, 0).
1/3 · 0 + 1/2 · 0 ≤ 100
1/3 · 0 + 1/6 · 0 ≤ 80
feasible solutions.
The optimal solution, if unique, is a vertex. These are the solutions to systems:
1/3x + 1/2y = 100; x = 0 (0, 200)
1/3x + 1/6y = 80; y = 0(240, 0)
1/3x + 1/2y = 100 ; 1/3x + 1/6y = 80(210, 60)
Step 6: Calculate the value of the objective function at each of the vertices to
determine which of them has the maximum or minimum values.
In the objective function, place each of the vertices that were determined in the
previous step.
F(x, y) = 15x + 10y
F(0, 200) = 15·0 + 10·200 = $2,000
F(240, 0 ) = 15·240 + 10·0 = $3,600
F(210, 60) = 15·210 + 10·60 = $3 ,750 Maximum
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P1 P2 Available
Notebooks 2 3 600
Folders 1 1 500
Pens 2 1 400
2x + 3y ≤ 600
x + y ≤ 500
2x + y ≤ 400
x ≥ 0
y ≥ 0
Step 4: Find the set of feasible solutions that graphically represent the constraints.
Step 5: Calculate the
coordinates of
the vertices from
the compound of
feasible solutions.
Step 6: Calculate the value of the objective function at each of the vertices to determine
which of them has the maximum or minimum values.
F(x, y) = 6.5 · 200 + 7 · 0 = $1,300
F(x, y) = 6.5 · 0 + 7 · 200 = $1,400
F(x, y) = 6.5 · 150 + 7 · 100 = $1,675 Maximum
On a chicken farm, the poultry is given a healthy diet to gain weight. The
chickens have to consume a minimum of 15 units of Substance A and another 15 units
of Substance B. In the market there are only two classes of compounds: Type X, with a
composition of one unit of A to five units of B, and another type, Y, with a composition
of five units of A to one of B. The price of Type X is $10 and Type Y, $30. What are the
quantities of each type of compound that have to be purchased to cover the needs of
the diet with a minimal cost?
X Y Minimal
A 1 5 15
B 5 1 15
x + 5y ≥ 15
5x + y ≥ 15
x ≥ 0
y ≥ 0
Step 4: Find the set of feasible solutions that graphically represent the constraints.
Step 6: Calculate the value of the objective function at each of the vertices to
determine which of them has the maximum or minimum values. It must be taken
into account the possible non-existence of a solution if the compound is not
bounded.
F(0, 15) = 10 · 0 + 30 · 15 = 450
F(15, 0) = 10 · 15 + 30 · 0 = 150
F(5/2, 5/2) = 10 · 5/2 + 30 · 5/2 = 100 Minimum
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There is only 600 milligrams of a certain drug that is needed to make both large
and small pills for small scale pharmaceutical distribution. The large tablets weigh 40
milligrams and the small ones, 30 milligrams. Consumer research determines that at
least twice the amount of the smaller tablets is needed than the large ones and there
needs to be at least three large tablets made. Each large tablet is sold for a profit of $2
and the small tablet, $1. How many tablets of each type have to be prepared to obtain
the maximum profit?
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Transport Company has two types of trucks, Type A and Type B. Type A has a
refrigerated capacity of 20 m 3 and a non-refrigerated capacity of 40 m 3 while Type B
has the same overall volume with equal sections for refrigerated and non-refrigerated
stock. A grocer needs to hire trucks for the transport of 3,000 m 3 of refrigerated stock
and 4,000 m 3 of non-refrigerated stock. The cost per kilometer of a Type A is $30 and
$40 for Type B. How many trucks of each type should the grocer rent to achieve the
minimum total cost?
A B Total
Refrigerated 20 30 3 000
Non-refrigerated 40 30 4 000
Step 6: Calculate the value of the objective function at each of the vertices to
determine which of them has the maximum or minimum values.
F(0, 400/3) = 30 · 0 + 40 · 400/3 = 5,333.332
F(150, 0) = 30 · 150 + 40 · 0 = 4,500
As x and y must be natural numbers round the value of y.
F(50, 67) = 30 · 50 + 40 ·67 = 4,180 Minimum
The minimum cost is $4,180. To achieve these 50 trucks of Type A and 67
trucks of Type B are needed.
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A school is preparing a trip for 400 students. The company who is providing the
transportation has 10 buses of 50 seats each and 8 buses of 40 seats, but only has 9
drivers available. The rental cost for a large bus is $800 and $600 for the small bus.
Calculate how many buses of each type should be used for the trip for the least possible
cost.
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A store wants to liquidate 200 of its shirts and 100 pairs of pants from last
season. They have decided to put together two offers, A and B. Offer A is a package of
one shirt and a pair of pants which will sell for $30. Offer B is a package of three shirts
and a pair of pants, which will sell for $50. The store does not want to sell less than 20
packages of Offer A and less than 10 of Offer B. How many packages of each do they
have to sell to maximize the money generated from the promotion?
A B Mi
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x + 3y ≤ 200
x + y ≤ 100
x ≥ 20
y ≥ 10
Step 4: Find the set of feasible solutions that graphically represent the constraints.
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A calculator company produces a scientific calculator and a graphing calculator. Long-term
projections indicate an expected demand of at least 100 scientific and 80 graphing calculators each
day. Because of limitations on production capacity, no more than 200scientific and 170 graphing
calculators can be made daily. To satisfy a shipping contract, a total of at least 200 calculators much
be shipped each day.
If each scientific calculator sold results in a $2 loss, but each graphing calculator produces
a $5 profit, how many of each type should be made daily to maximize net profits?
The question asks for the optimal number of calculators, so my variables will stand for that:
x: number of scientific calculators produced
y: number of graphing calculators produced
Since they can't produce negative numbers of calculators, I have the two
constraints, x > 0 and y > 0. But in this case, I can ignore these constraints, because I already have
that x > 100 and y > 80. The exercise also gives maximums: x < 200 and y < 170. The minimum
shipping requirement gives me x + y > 200; in other words, y > –x + 200. The revenue relation will
be my optimization equation: R = –2x + 5y. So the entire system is:
The feasibility region graphs as: Copyright © Elizabeth Stapel 2006-2011 All Rights Reserved
When you test the corner points at (100, 170), (200, 170), (200, 80), (120, 80),
and (100, 100), you should obtain the maximum value of R = 650 at (x, y) = (100,
170). That is, the solution is "100scientific calculators and 170 graphing calculators".
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You need to buy some filing cabinets. You know that Cabinet X costs $10 per unit, requires six
square feet of floor space, and holds eight cubic feet of files. Cabinet Y costs $20 per unit, requires
eight square feet of floor space, and holds twelve cubic feet of files. You have been given $140 for this
purchase, though you don't have to spend that much. The office has room for no more than 72 square
feet of cabinets. How many of which model should you buy, in order to maximize storage volume?
The question ask for the number of cabinets I need to buy, so my variables will stand for that:
Naturally, x > 0 and y > 0. I have to consider costs and floor space (the "footprint" of each
unit), while maximizing the storage volume, so costs and floor space will be my constraints, while
volume will be my optimization equation.
This system (along with the first two constraints) graphs as:
When you test the corner points at (8, 3), (0, 7), and (12, 0), you should obtain a
maximal volume of100 cubic feet by buying eight of model X and three of model Y.
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In order to ensure optimal health (and thus accurate test results), a lab technician needs to
feed the rabbits a daily diet containing a minimum of 24 grams (g) of fat, 36 g of carbohydrates, and
4 g of protein. But the rabbits should be fed no more than five ounces of food a day.
Rather than order rabbit food that is custom-blended, it is cheaper to order Food X and Food
Y, and blend them for an optimal mix. Food X contains 8 g of fat, 12 g of carbohydrates, and 2 g of
protein per ounce, and costs $0.20 per ounce. Food Y contains 12 g of fat, 12 g of carbohydrates, and
1 g of protein per ounce, at a cost of $0.30 per ounce.
What is the optimal blend?
Since the exercise is asking for the number of ounces of each food required for the optimal
daily blend, my variables will stand for the number of ounces of each:
Since I can't use negative amounts of either food, the first two constrains are the usual ones:
x > 0 and y > 0. The other constraints come from the grams of fat, carbohydrates, and protein per
ounce:
Fat: 8x + 12y > 24
Carbs: 12x + 12y > 36
Protein: 2x + 1y > 4
Also, the maximum weight of the food is five ounces, so:
x + y < 5
The optimization equation will be the cost relation C = 0.2x + 0.3y, but this time I'll be finding
the minimum value, not the maximum.
When you test the corners at (0, 4), (0, 5), (3, 0), (5, 0), and (1, 2), you should get a
minimum cost of sixty cents per daily serving, using three ounces of Food X only.
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Given the following constraints, maximize and minimize the value of z = –0.4x + 3.2y.
First I'll solve the fourth and fifth constraints for easier graphing:
From the graph, I can see which lines cross to form the corners, so I know which lines to pair
up in order to verify the coordinates. I'll start at the "top" of the shaded area and work my way
clockwise around the edges:
–x + 7 = x + 5
2 = 2x
y = –(5) + 7 = 2 [nothing to do]
1 = x
y = (1) + 5 = 6
Linear
Programming
Problems
Submitted to:
Submitted by:
Dumngalon, norvin john d.