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From Class 6 - 4 - 19
From Class 6 - 4 - 19
ec
Mathematical programming
Linear Programming
Non-linear Programming
Integer Programming
Mixed Integer Programming….
Constraints:
Decision Variables:
Linear Equation: 2𝐴 + 5𝐵 = 10
Our parameters in the constraints should be in units that are hours/table or hours /chair
1st Constraint:
When Flair Furniture produces no tables (T=0)
4(0) + 3𝐶 = 240
𝐶 = 80
(0, 80)
When Flair Furniture produces no chairs (C=0)
4𝑇 + 3(0) = 240
𝑇 = 60
(60, 0)
2nd Constraint:
When Flair Furniture produces no tables (T=0)
2(0) + 𝐶 = 100
(0, 100)
When Flair Furniture Produces no Chairs (C=0)
2𝑇 + 0 = 100
(50, 0)
Profit = $2,100
𝑂𝑏𝑗𝑒𝑐𝑡𝑖𝑣𝑒 𝑓𝑢𝑛𝑐𝑡𝑖𝑜𝑛: $2,100 = 70𝑇 + 50𝐶 Isoprofit
2100 = 70(0) + 50𝐶
𝐶 = 42 𝑐ℎ𝑎𝑖𝑟𝑠
(0, 42)
2100 = 70𝑇 + 50(0)
𝑇 = 30 𝑡𝑎𝑏𝑙𝑒𝑠
(30, 0)
4T + 3C = 240
2T + 1C = 100
We want to eliminate T
Multiply our 2nd equation by -2
-2(2T + 1C = 100) = -4T – 2C = -200
4T + 3C = 240
-4T – 2C = -200
C= 40