1.

1:
a. {8.33, 0}; Revenue = 12,500; reducing acreage under type 1 by 1 acre and accordingly increasing acreage under type
2 (by 1.2/0.7 acreas) increase total revenue by 351.4286
b. {6.875, 2.5}; revenue = 13,012
c. {0, 10}; revenue = 10,800
d. {5, 5}; revenue = 12,900
e. Optimal solution: {6.875, 2.5}
f. No. Max contribution = 11,262.5
g. {6.875, 2.5}
h. {6.875, 2.5}
i. No effect
j. Do not hire
k. Borrow Rs. 50.
l. No.
m. Yes. Rs. 50.
n. No. Contribution per person decreases from 1,126.25 to 1,114.545.
1.2:
c. {Regular, Premium} = {6399, 1528}
d. {Regular, Premium} = {0, 6182}
1.3:
a. 30%, 60%, 10%
b.
c. Rs. 31
d. Max content of mineral; max content of fat.
1.4:
c. {Suiting, Shirting, Heavy Yarn, Light Yarn} = {60,000, 0, 6,000, 1,800}
1.5:
a. Minimum price to bid = 142,700,000; purchase 90,000 crude A, and 80,000 crude B
b. Cancel your bid (not feasible)
c. Minimum price to bid = 172,050,000; purchase 90,000 crude A, and 80,000 crude B
1.6:
a. Rs. 192,750. Procure {Veg1, Veg2} = {275, 875}.
b. Rs. 191, 750. Procure {Veg1, Veg2} = {275, 375}. Shortfall = 5000 barrels of Super.
1.7:
a. B1: 15,00,000; b2: 5,00,000; B3: 15,00,000; B4: 15,00,000; B5: 0. Expected return = 6,10,000; Min return = 2,35,000
b. B1: 15,00,000; b2: 15,00,000; B3: 15,00,000; B4: 3,75,000; B5: 0. Expected return = 5,66,250.
1.8:
a. Let a, b and TH denote the weights for PD and PFB and the Threshold respectively. Then, the line of discrimination
is: a*PD + b*PFB = TH. There are multiple such lines possible. One such line is: a = 0.97368, b = 1, TH = 6.06057
b. Let Min_Dev be the distance of the closest point from the line. Then, the mathematical model results in unbounded
solution. Arbitrarily fixing b =1 gives a = 0.9777, TH = 7.3622, Min_Dev = 1.28.
1.11:
a. Following is the optimal schedule (no. of cars to start at different times for different number of consecutive trips)
10:00 am 2 cars for 2 consecutive trips, and 2 cars for 2 consecutive trips. 1 pm 4 cars for one trip. 4 pm no car.
7 pm 4 cars for 1 trip. Total cost = 2005
b. 10:00 am 3 cars for 4 consecutive trips. 1 pm 3 cars for one trip; 4 pm no car; 7 pm 3 cars for 1 trip. 5
students served refreshment between 1:00pm and 4:00 pm. Total cost = 2010.
c. Same as part (b). Total cost = 2185.