MERC 113 Guide (Answer) To Problem Solving Ex and Formative Test
MERC 113 Guide (Answer) To Problem Solving Ex and Formative Test
Instructions: 1) Formulate the problem using both perspectives: Maximization and Minimization; 2) Identify the
following: Decision Variables, Objective Function, Constraints (formulate), and state the Non-negativity
constraints; 3) Using the Maximization perspective, solve the problem graphically (graphical solution and/or use
of systems of the equation to determine the solution for a blending problem).
Guide to Solving the Formative Test
1. Formulate the problem using both perspectives: Maximization and Minimization
2. Identify the following: Decision Variables, Objective Function, Constraints (formulate), and state the
Non-negativity constraints;
P1 Maximization Perspective
a) Decision Variables
b) Objective Function
c) Constraints
d) Non-negativity
P2 Minimization Perspective
a) Decision Variables
b) Objective Function
c) Constraints
d) Non-negativity
3. Using the Maximization perspective, solve the problem graphically (graphical solution and/or use of
systems of the equation to determine the solution for a blending problem).
P1 Maximization Perspective
a) Decision Variables: Let X = Number of Almond Nuts; and Let Y = Number of Salted Peanuts
b) Objective Function : Maximize the Z Value =7x+5y
c) Constraints
● Manufacturing hours: 4x+3y≤240 (Process/Method)
● Packaging hours: 2x+y≤100 (Process/Method)
Suppose you are the manager of the company, and your salary is based on sales, what would be the ideal number of
products to produce to maximize the company profit?
Instructions: 1) Identify if the problem is a Maximization or Minimization case; 2) Identify the following: Decision
variables, Objective Function, Constraints (formulate), and state the non-negativity constraints; 3) Formulate the problem
using the opposite perspective (e.g., if maximization, use other perspective in fomulation; 4) Solve using Corner Point
Method; 5) Solving using Systems of Equation and compare results with Corner Point Method; 6) Show graphical
solution properly labeled with all the elements).
Tea Tree (P1) Ginger (P2) Remarks
Capacity (Availability)
❏ Extract per month 400,000.00 max availability per month (in liters)
❏ Fragrance per month 300,000.00 max availability per month (in liters)
Tea Tree (P1) Ginger (P2) Remarks
❏ Extract per month 400,000.00 max availability per month (in liters)
❏ Fragrance per month 300,000.00 max availability per month (in liters)
1. Identify if the problem is a Maximization or Minimization case: Maximization Problem
2. Identify the following: Decision variables, Objective Function, Constraints (formulate), and state the non-negativity
constraints
a) Objective Function : Maximize the Z Value : Php 2.35X1 + Php 1.30X2
b) Decision Variables : X1 = Number of Tea Tree, and X2 = Ginger
c) Constraints
● Extract (Material) - 2X1 + 3X2 < = 400,000.00
● Fragrance (Material) - 3x1 + 1.5 X2 < = 300,000.00
● Production Capacity (Method) - X1 + X2 < = 90,000.00
1. Formulate the problem using the opposite perspective (e.g., if maximization, use other perspective in formulation
1. For the Optimistic management team, I would recommend investing on Berry from Belarus
considering it has the highest sale potential with an investment of 12080Mas shown in the
investment table
3. For less Regret, I suggest investing on Cantaloupe from Belarus considering it has the
highest among the least investment or MinMax as shown in the Regret Table.