331-13 - Chapter 6 Integer and Goal Programming Models...

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Chapter 6 Integer and Goal Programming Models
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Integer Programming Example Produce 2 products (lamps and ceiling fans) using 2 limited resources Decisions: How many of each product to make? (the results must be integers) Objective: Maximize profit Harrison Electric Co.
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Using Integers- General Rules When a Decision Variable can be counted , we impose integer conditions. Examples- Units to produce or product mix, scheduling people. When a Decision Variable is measured , we do not. Examples- Weight, dimensions, $.
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Decision Variables L = number of lamps to make F = number of ceiling fans to make Lamps (per lamp) Fans (per fan) Hours Available Profit Contribution $600 $700 Wiring Hours 2 hrs 3 hrs 12 Assembly Hours 6 hrs 5 hr 30
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IP Model Summary Max 600 L + 700 F ($ of profit) Subject to the constraints: 2L + 3F < 12 (wiring hours) 6L + 5F < 30 (assembly hours) L, F > 0, integers
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Graphical Solution Optimal IP Solution (L=3, F=2, Profit=$3,200) 600 L + 700 F 600 L + 700 F
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This note was uploaded on 08/29/2011 for the course ACCT 331 taught by Professor A during the Spring '11 term at Ohio State.

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331-13 - Chapter 6 Integer and Goal Programming Models...

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