Management Science: Linear Programming: Minimization Model
Management Science: Linear Programming: Minimization Model
SCIENCE
LINEAR PROGRAMMING:
Minimization Model
Problem 3: Cost Minimization
Objective Function
Decision Variables Minimize cost Z= $0.05x1+$0.03x2
x1= number of ounces of oats
should be included
x2= number of ounces of rice Subject to Model Constraints
should be included 8x1 + 6x2 ≥ 48 (Vitamin A required)
x1 + 2x2 ≥ 12 (Vitamin A required)
x1,x2 ≥ 0 (nonnegativity)
GRAPHICAL SOLUTION
Model Constraints
8x1 + 6x2 ≥ 48 (vitamin A)
x1 + 2x2 ≥ 12 (vitamin B)
x1,x2 ≥ 0 (nonnegativity)
CONSTRAINTS EQUATION:
Vitamin A: 8x1 + 6x2 = 48
If x1=0, x2= 48/6, then x2= 8
If x2=0, x1= 48/8, then x1= 6
Vitamin B: x1 + 2x2 =12
If x1 =0, x2= 12/2, then x2=6
If x2 =0, x1= 12/1, then x1=12
THE OPTIMAL SOLUTION