{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

1.2_Tutorial_Exercises_Solution

# 1.2_Tutorial_Exercises_Solution - Topic 1 Linear...

This preview shows page 1. Sign up to view the full content.

Topic 1: Linear Programming ---Reference Solution Chapter 4 Q10 a) Let X i be the number of cars of type i; where i=1 (Sedan), 2 (Hatchback), 3 (Minivan) Minimize Z = 12500 X 1 + 8500X 2 + 13700X 3 Subject to: 10500 X 1 + 9500 X 2 + 12300 X 3 = 2800000 (Note: In order to break even total revenue must equal total cost: 23,000 X 1 + 18,000 X 2 + 26,000 X 3 = 12,500 X 1 + 8,500 X 2 + 13,700 X 3 + 2,800,000 or 10,500 X 1 + 9,500 X 2 + 12,300 X 3 = 2,800,000) X 1 70 (minimum amount of each type of car) X 2 50 X 3 50 X 1 120 (maximum amount of each car production) X 2 120 X 3 120 X 1 , X 2 , X 3 0 (non-negativity) b) By using Lindo to solve the above problem, we get X 1 = 70.00
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern