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Question 3:
Let
FSR: First Month Standard Tyre Regular Time
FDR: First Month Deluxe Tyre Regular Time
FSO: First Month Standard Tyre Over Time
FDO: First Month Deluxe Tyre Over Time
SSR: Second Month Standard Tyre Regular Time
SDR: Second Month Deluxe Tyre Regular Time
SSO: Second Month Standard Tyre Over Time
SDO: Second Month Deluxe Tyre Over Time
SI: Inventory Time (Standard)
DI: Inventory Time (Deluxe)
Objective Fn:
Min: 10FSR + 16FSD + 15FSO + 24FDO + 10SSR + 16SDR + 15SSO + 24SDO + 12SI + 18DI
Subject to:
FSR+FSO>=1000

FDR+FDO>=1250
SSR+SSO>=1800
SDR+SDO>=2750
0.5FSR+0.6FDR+0.5SI+0.6DI<=100
0
0.5FSO+0.6FDO+0.5SI+0.6DI<=500
0.5SSR+0.6SDR<=1000
0.5SSO+0.6SDO<=500

The optimal solution is :


FSR: First Month Standard Tyre Regular Time = 500
FDR: First Month Deluxe Tyre Regular Time = 1250
FSO: First Month Standard Tyre Over Time = 500
FDO: First Month Deluxe Tyre Over Time = 0
SSR: Second Month Standard Tyre Regular Time = 200
SDR: Second Month Deluxe Tyre Regular Time = 1500
SSO: Second Month Standard Tyre Over Time = 600
SDO: Second Month Deluxe Tyre Over Time = 0
SI: Inventory Time (Standard) = 0
DI: Inventory Time (Deluxe) = 0
The minimum value of the objective function is: 67500

The sensitivity report is:

Solution to Product Mix:(A)The maximization function is as follows,


Z= 30SH + 80SB+ 50CM+ 110CL
This is the objective function of our problem
Where, SH= Number of Speed Hawk Boats
SB= Number of Silver bird Boats
CM= Number of Catman Boats
CL= Number of Classy Boats
With the constraints given as,
(I) SH+SB=CM+CL
(II) 3SH+5SB+2CM+6CL>=200
(III) SH+SB+CM+CL>=50
4

(IV) 6000SH+7000SB+5000CM+9000CL<=420000
(B)The Solver solution Snapshot and the sensitivity solution snapshot are attached below,

As evident from the above solver solution and the sensitivity report the purchase summary is
as follows,
Purchase 28 Speedhawks from Sleekboat builder.
Purchase 28 Classys from Racer buider.
Total expected daily profit is $5,040
The minimum number of boats was exceeded by 6 (surplus for Constraint
SH+SB+SM+CL>=50).
The minimum seating capacity was exceeded by 52 (surplus for Constraint
2SH+5SB+2CM+6CL>=50).

Solution to Diet Problem:


Linear programming model for this problem is as follows:
Let G,H,I,J be quantities of Grain 1, 2, 3 and 4 respectively.

Minimize: 0.75G+0.9H+0.8I+0.7J

(Cost incurred)

Subject to:
(Vitamin C constraints)

9G+16H+8I+10J >= 6

12G+10H+10I+8J >= 5 (Protein constraints)


14H+15I+7J >= 5 (Iron Constraints)
G+H+I+J = 0.5

(Weight constraints and 8-ounces = 0.5lb)

By using Solver Tool of excel, we get following solution:

Units
Vitami
nC
Protei
n
Iron
Weigh
t
Cost

G1
G2
G3
G4
Actual
0.099
0.212
0.088
0.099
448
707
398
448

Requir
ed

16

10

6 >=

12
0

10
14

10
15

8
7

5 >=
5 >=

5
5

0.75

0.9

0.8

0.7

0.5 =
0.406
354

0.5

So, Ferdinand should produce mixture using 0.10lbs of Grain 1, 0.21 lbs of Grain 2, 0.09 lbs of Grain 3
and 0.1 lbs of Grain 4.
He will incur cost of $0.406 with this solution.