73-220-Lecture14

# 73-220-Lecture14 - IntegerProgramming:Applications 73-220...

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1 Integer Programming: Applications 73-220 Lecture 14

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2 Agenda Review of last class. Introduction to IP LP relaxation Basics of binary decision variables Discuss the four homework problems given  in the last lecture. Next Class
3 Homework: Question 1 How can we model this using integer  programming concepts?   x = 3, 6, 9, 12

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4 Homework: Question 2 A food is manufactured by refining raw oils and blending them together. The raw oils come in two categories: Vegetable oil: VEG1 VEG2 Non-vegetable oil: OIL1 OIL2 OIL3 The prices for buying each oil are given below (in \$/tonne) VEG1 VEG2 OIL1 OIL2 OIL3 115 128 132 109 114
5 Homework: Question 2 contd. The final product sells at \$180 per tonne. Vegetable oils and non-vegetable oils require different production lines for refining. It is not possible to refine more than 210 tonnes of vegetable oils and more than 260 tonnes of non-vegetable oils. There is no loss of weight in the refining process and the

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## This note was uploaded on 11/28/2011 for the course FINANCE 101 taught by Professor Chan during the Spring '11 term at Aarhus Universitet.

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73-220-Lecture14 - IntegerProgramming:Applications 73-220...

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