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Group - Ex 3

The document presents a series of linear programming problems involving dietary requirements, insurance sales quotas, product production, and resource allocation. Each question requires the formulation and solution of a linear programming model both on a spreadsheet and algebraically, focusing on maximizing profits while adhering to constraints. Key details include nutritional values, work-hour requirements, production capacities, and resource usage for different products.

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trangiahantb2019
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9 views3 pages

Group - Ex 3

The document presents a series of linear programming problems involving dietary requirements, insurance sales quotas, product production, and resource allocation. Each question requires the formulation and solution of a linear programming model both on a spreadsheet and algebraically, focusing on maximizing profits while adhering to constraints. Key details include nutritional values, work-hour requirements, production capacities, and resource usage for different products.

Uploaded by

trangiahantb2019
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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Question 1. Ralph Edmund loves steaks and potatoes.

Therefore, he has decided to go on a steady diet of only these


two foods (plus some liquids and vitamin supplements) for all
his meals. Ralph realizes that this isn’t the healthiest diet, so he
wants to make sure that he eats the right quantities of the two
foods to satisfy some key nutritional requirements. He has
obtained the following nutritional and cost information.
Grams of Ingredient per Serving
Daily
Steak Potatoes Requirement
Ingredient (grams)
Carbohydrates 5 15 ≥50
Protein 22 5 ≥45
Fat 12 2 ≤62
Cost per serving $4 $2

a. Formulate and solve a linear programming model for this


problem on a spreadsheet
b. Formulate this same model algebraicall
Question 2. The Primo Insurance Company is introducing two
new product lines: special risk insurance and mortgages. The
expected profit is $5 per unit on special risk insurance and $2
per unit on mortgages.
Management wishes to establish sales quotas for the new
product lines to maximize total expected profit. The work
requirements are shown below

Work-Hours per Unit


Work-
Special
Department Mortgage Hours
Risk
Available
Underwriting 3 2 2,400
Administration 0 1 800
Claims 2 0 1,200
a. Formulate and solve a linear programming model for this
problem on a spreadsheet.
b. Formulate this same model algebraically.
Question 3. The WorldLight Company produces two light
fixtures (Products 1 and 2) that require both metal frame parts
and electrical components. Management wants to determine
how many units of each product to produce per week so as to
maximize profit. For each unit of Product 1, one unit of frame
parts and two units of electrical components are required. For
each unit of Product 2, three units of frame parts and two units
of electrical components are required. The company has a
weekly supply of 3,000 units of frame parts and 4,500 units of
electrical components. Each unit of Product 1 gives a profit of
$13, and each unit of Product 2, up to 900 units, gives a profit
of $26. Any excess over 900 units of Product 2 brings no profit,
so such an excess has been ruled out
a. Formulate and solve a linear programming model for this
problem on a spreadsheet.
b. Formulate this same model algebraically
Question 4. The following table summarizes the key facts
about twoproducts, A and B, and the resources, Q, R, and S,
required to produce them.

Resource usage per unit Amount of


Resource produced resource
available
Product A Product B
Q 2 1 12
R 1 2 10
S 3 3 30
Profit/Unit $3,000 $2,000

All the assumptions of linear programming hold.


a. Formulate and solve a linear programming model for this
problem on a spreadsheet.
b. Formulate this same model algebraically.

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