The document discusses a linear programming problem related to a new Taj Hotels branch in Mumbai, focusing on maximizing profit from 50 available rooms, which include Villas priced at ₹30,000 and Deluxe rooms at ₹10,000, while ensuring at least 20 Deluxe rooms. It outlines the steps to formulate linear programming problems, including recognizing decision variables, expressing constraints, and formulating the objective function. Additionally, it explains key concepts such as feasible solutions, optimal feasible solutions, and the feasible region in the context of linear programming.
The document discusses a linear programming problem related to a new Taj Hotels branch in Mumbai, focusing on maximizing profit from 50 available rooms, which include Villas priced at ₹30,000 and Deluxe rooms at ₹10,000, while ensuring at least 20 Deluxe rooms. It outlines the steps to formulate linear programming problems, including recognizing decision variables, expressing constraints, and formulating the objective function. Additionally, it explains key concepts such as feasible solutions, optimal feasible solutions, and the feasible region in the context of linear programming.
PROBLEMS By- Tusya Jadhav, Karam Sapra, Pulkit Gupta, Sharanya Gupta, Aaditya Gupta Project Details- Daily Life Problems
• The company “Taj Hotels” is opening a new branch in Mumbai,
they will have 50 rooms available which will consist of two types of rooms – Villas and Deluxe. The rooms will be priced at ₹30,000 per night for the Villas and ₹10,000 per night for the Deluxe rooms. • The operational cost of the hotel is 1.5 lakh for one week, taking the numbers of Villas as ‘x’ and the number of Deluxe rooms as ‘y’ find out the number of Villas and Deluxe rooms the hotel should have to maximise profit, considering that there should be at-least 20 Deluxe Rooms. What are Linear Programming Problems?
• Linear Programming Problems in maths is a system process of
finding a maximum or minimum value of any variable in a function. • 1. Recognize the decision variables and assign symbols to them like X, Y, Z & so on). Now these are the quantities we wish to find out. • 2. Express all the constraints in terms of inequalities in relation the decision variable. 3. Formulate the objective function in terms of the decision variables. • 4. Add the non-negativity condition/constraints. Solving a Linear Programming Problem: Graphical Method-
• 1. Solution: A set of decision variables values which
satisfy all the constraints of an LPP. • 2. Feasible solution: Any solution which also satisfies the non-negativity limitations of the problem. • 3. Optimal feasible solution: Any feasible solution which maximises or minimises the objective function. • 4. Feasible Region: The common region determined by all the constraints and non-negativity limitations of • an LPP. • 5. Corner point: A point in the feasible region that is the intersection of two boundary lines