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Optimization Assignement - Srijan Paul - FT241057
Optimization Assignement - Srijan Paul - FT241057
OPTIMIZATION
Assignment
RAHUL PANDEY
FT241039
Section - 1
2 RAHUL PANDEY, FT241039
Decision Variable X Y Z
Optimal Solution 45 6
Objective function
Coefficients 1 1 51
Decision Variable X Y Z
Optimal Solution 540 252
Objective function
10 9
Coefficients 7668
Objective function = max [1000(X11 + X21 + X31) + 750(X12 + X22 + X32) +250(X13 + X23 + X33)]
Subject to,
X11 + X12 + X13 <= 400 ; X21 + X22 + X23 <= 600 ; X31 + X32 + X33 <= 300 [Land allocation]
X11 + X21 + X31 <= 600; X12 + X22 + X32 <= 800 ; X13 + X23 + X33 <=325 [Corp allocation]
3X11 + 2X12 + X13 <= 600 ; 3X21 + 2X22 + X23 <=800 ; 3X31 + 2X32 + X33 <= 375 [water allocation]
Xij >= 0
Decision Variable X Y Z
Optimal Solution 1.272727 2.909091 10.90909
Objective Function
4 2
Coefficient
Constraint 1
5 15 50 >= 50
Coefficient
Constraint 2
20 5 40 >= 40
Coefficient
Constraint 3
15 2 24.90909 <= 60
Coefficient
16.
Xij => Production of product size i in plant j
i = 1 for large
= 2 for medium
= 3 for small
j = 1,2,3
Objective function = max [420(X11 + X12 + X13) + 360(X21 + X22 + X33) + 300(X31 + X32 + X33)]
Subject to,
4 RAHUL PANDEY, FT241039
X11 + X21 + X31 <= 750; X12 + X22 + X32 <= 900; X13 + X23 + X33 <= 450 [Plant capacity]
X11 + X12 + X12 <= 900; X21 + X22 + X33 <= 1200;
X31 + X32 + X33 <= 750 [Capacity of each capacity]
20X11 + 15X21 + 12X31 <= 13000; 20X12 + 15X22 + 12X32 <= 12000 ;
20X13 + 15X23 + 12X33 <= 5000 [Storage space]
(X11 + X21 + X31)/750 = (X12 + X22 + X32)/900 = (X13 + X23 + X33)/450 [Proportion of each plant capacity]
17.
Xij => Quantity of energy need type i from source j
Objective function = min (50X11 + 90X21 + 80X31 + 60X22 + 50X32 + 30X23 + 40X33)
Subject to,
X11 + X12 + X13 = 20; X21 + X22 + X33 = 10 ; X31 + X32 + X33 = 30
X12, X13 = 0
20.
Xij => Number of households of type i at time j
Subject to,
Cost Matrix
Day Evening
With Children 20 25
Without Children 18 20
Z
Solution Matrix 20320
Day Evening
Children 240 160 400 >= 400
No Children 240 360 600 >= 400
480 520 1000
21.
Xi => Amount of investment in type i
i = 1 for Atlantic oil
= 2 for Pacific oil
= 3 for Midwest steel
= 4 for Huber steel
= 5 for Government bonds
Subject to,
X1 + X2 <= 50000
X3 + X4 <= 50000
X5 >= 0.25(X3 + X4)
X3 <= 0.6(X1 + X2)
X1 + X2 + X3 + X4 + X5 = 100000
Xi >= 0 i=1,2,3,4,5
Total
Decision Variable X1 X2 X3 X4 X5 Investment
Optimal Solution 20000 30000 0 40000 10000 100000
Total Return
Objective
functions
coefficients 7.3 10.3 6.4 7.5 4.5 8000
23. a
Nearest
Iteration Solved Total nth Arc
Unsolved Minimum
ID (n) Node Distance Nearest Added
Node
1 O A 4 A 4 OA
O C 5
2 B, C 5 OC, AB
A B 5
A D 11
3 B E 9 E 9 BE
C E 10
A D 11
4 E D 10 D 10 ED, BD
B D 10
D T 16
5 T 16 DT
E T 17
Shortest Distance = 16
Case 1:
Profit Matrix
Bodyplus 100 Bodyplus 200
Retail Price 2400 3500
Discounted Price 1680 2450
Cost 1309 1989
Subject to,
8X1 + 12X2 <= 600;
5X1 + 10X2 <= 450;
2X1 + 2X2 <= 140;
X2 >= 0.25(X1 + X2) Xi >= 0 i=1,2
Hour Matrix
Assembling,
Machining and Painting and Testing and
Welding Finishing Packaging
Bodyplus 100 8 5 2
Bodyplus 200 12 10 2
Solution Matrix
Decision Variables Bodyplus 100 Bodyplus 200 Total
Optimal Solution 48 18 66
Objective function
coefficients 371 461 26106
To maximize profit the required production of BodyPlus 100 is 48 and that of BodyPlus 200 is which will give
a net profit of $26,106.
Solution Matrix
Decision Variables Bodyplus 100 Bodyplus 200 Total
Optimal Solution 60 10 70
8 RAHUL PANDEY, FT241039
Objective function
coefficients 371 461 26870
If the number of BodyPlus 200 need not be 25% of total production, there will be more number of
production which will lead to more profit. In that case the new profit will be $26,870.
Case 2:
a.
Let Xi number of i cars assembled where i=1 for Family Thrillseeker and 2 for Classy Cruiser
Subject to:
X2 ≤ 3500
Total Cars
Decision Family Classy Can be
Variables Thrillseeker Cruiser Total assembled Total Profit
Optimal
Solution 3800 2400 6200 <= 5000
Objective
function
Coefficient 3600 5400 $ 2,66,40,000
Coefficients of Total labour
constraints 1 6 10.50 48000 <= 48000 hours available
Coefficients of
constraints 2 4 2 20000 <= 20000 Total Doors
Coefficients of Maximum of
constraints 3 1 2400 <= 3500 Classy Cruiser
b.
Since Rachel wants to explore chances of advertising campaigns that will raise the demands of CC model by
20% but within the cost of $500,000. The following changes needs to be made:
Subject to:
9 RAHUL PANDEY, FT241039
10 RAHUL PANDEY, FT241039
X2 ≤ 4200
Total Profit
Total Cars
Family Classy after
Decision Variables Total Can be Total Profit
Thrillseeker Cruiser Marketing
assembled
Cost
C.
Next Rachel wants to explore increasing next month’s plant capacity by 25%, so:
Subject to:
X2 ≤ 3500
Total Cars
Decision Family Classy Can be
Variables Thrillseeker Cruiser Total assembled Total Profit
Optimal Solution 3250 3500 6750 <= 5000
Objective
function
Coefficient 3600 5400 $ 3,06,00,000
11 RAHUL PANDEY, FT241039
d. Since we don’t have enough data to know how much money Rachel needs to put into the overtime
labour she needs to increase the plant capacity. We can safely assume that the minimum amount that
she should put is the difference between the plant profit with and without overtime. So,
e.
Rachel now wants to know the effect of meeting the full demand for CC models cars as per request by the
Automobile board of directors and should go ahead with the notion that the profit decrease is not more
than $2,000,000
Subject to:
6X1 + 10.5X1 ≤ 48000
X2 =3500
Total Cars
Decision Family Classy Can be
Variables Thrillseeker Cruiser Total assembled Total Profit
Optimal Solution 3000 4000 7000 <= 5000
Objective
function
Coefficient 3600 5400 $ 3,24,00,000
Total labour
Coefficients of hours
constraints 1 6 10.50 60000 <= 60000 available
Coefficients of
constraints 2 4 2 20000 <= 20000 Total Doors
Coefficients of Maximum of
constraints 3 1 4000 <= 4200 Classy Cruiser
Thus, if the full demand for CC model is $26,640,000 - $25,650,000 = $990,000 < $2,000,000 means that we
should proceed in meeting the full demand of the said type of car
12 RAHUL PANDEY, FT241039
f. So after considering advertising cost and overtime labour hour cost, profit = $3,03,00,00
g.
Subject to:
X2 =3500
Total Cars
Decision Family Classy Can be
Variables Thrillseeker Cruiser Total assembled Total Profit
Optimal
Solution 1875 3500 5375 <= 5000
Objective
function
Coefficient 2800 5400 $ 2,41,50,000
Total labour
Coefficients of hours
constraints 1 6 10.50 48000 <= 48000 available
Coefficients of
constraints 2 4 2 14500 <= 20000 Total Doors
Coefficients of Maximum of
constraints 3 1 3500 <= 3500 Classy Cruiser
h.
Subject to:
X2 =3500
13 RAHUL PANDEY, FT241039
Total Cars
Decision Family Classy Can be
Variables Thrillseeker Cruiser Total assembled Total Profit
Optimal Solution 1500 3500 5000 <= 5000
Objective
function
Coefficient 3600 5400 $ 2,43,00,000
Total labour
Coefficients of hours
constraints 1 7.5 10.50 48000 <= 48000 available
Coefficients of
constraints 2 4 2 13000 <= 20000 Total Doors
Coefficients of Maximum of
constraints 3 1 3500 <= 3500 Classy Cruiser
i.
Subject to:
6X1 + 10.5X1 ≤ 48000
X2 =3500
j. Analysing f, g and h it is found that if spending can be done in marketing and and overtime labour hour,
the profit will be maximum.