Kalyan Singhal Corp. makes three products, and it has three machines available as resources as given in the following LP problem:
Maximize contribution = 5X1 + 4X2 + 3X3
Subject to: 1X1 + 7X2 + 4X3 <= 90 (hours on machine 1)
2X1 + 1X2 + 7X3 <= 96 (hours on machine 2)
8X1 + 4X2 + 1X3 <= 90 (hours on machine 3)
X1, X2, X3 >=0
(a) Determine the optimal solution using LP software. the optimal achieved is
X1=
X2-
X3=
contribution =
(b) machine 1 has __ hours of unused time available at the optimal solution
machine 2 has __ hours of unused time available at the optimal solution
machine 3 has __ hours of unused time available at the optimal solution
(c) an additional hour of time available for third machine s worth __ dollars to the firm
(d) an additional 12 hours of time available for the second machine, at no cost to the firm, are going to increase the objective value by __ dollars
Given:
Maximize p = 5X1 + 4X2 + 3X3 subject to
1X1 + 7X2 + 4X3 <= 90
2X1 + 1X2 + 7X3 <= 96
8X1 + 4X2 + 1X3 <= 90
X1 >=0
X2 >=0
X3 >=0
a]
Optimal Solution: Maximum contribution = 90.547; x1 = 7.07692, x2 = 5.62393, x3 = 10.8889
b]
hours unused for machine 1: X1 + 7X2 + 4X3 -90= 90-90 = 0
hours unused for machine 2: 2X1 + 1X2 + 7X3 - 96 = 96-96 =0
hours unused for machine 3: 8X1 + 4X2 + 1X3 -90 = 90 - 90 =0
c]
if additional hour is available on machine 3 , the last constraint becomes :
8X1 + 4X2 + 1X3 =< 91
and corresponding contribution is = 91.0883,
thus increase in contribution is 91.0883 - 90.547 = 0.5413
d]
an additional 8 hours of time available for the second machine, causes second constraint to become:
2X1 + 1X2 + 7X3 <= 104 , and corresponding optimal solution is = 92.302
thus increase in objective function is 92.302 - 90.547 = 1.755
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