Exam 19: Linear Programming

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Two methods of solving linear programming problems by hand include the corner-point method and the ________.

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iso-profit (or iso-cost) line method

In linear programming, statements such as "the blend must consist of at least 10% of ingredient A, at least 30% of ingredient B, and no more than 50% of ingredient C" can be made into valid constraints even though the percentages do not add up to 100%.

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In linear programming, a statement such as "maximize contribution" becomes a(n)

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C

In linear programming, if there are three constraints, each representing a resource that can be used up, the optimal solution must use up all of each of the three resources.

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What combination of x and y will yield the optimum for this problem? Maximize $3x + $15y, subject to (1) 2x + 4y < 12 and (2) 5x + 2y < 10 and (3) x, y ≥ 0.

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The region that satisfies the constraint 4X + 15Z ≥ 1000 includes the origin of the graph.

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Lost Maples Winery makes three varieties of contemporary Constellation Country wines: Austin (a fine red), Ste. George (a table white), and Los Alamos (a hearty pink Zinfandel). The raw materials, labour, and contribution per case of each of these wines is summarized below. Grapes Variety A bushels Grapes Variety B bushels Sugar KGS Labour (man- hours) Contrib. per case Austin Formation 6 0 4 3 \ 27 Ste. Genevieve 0 4 1 1 \ 28 Los Alamos 2 1 2 2 \ 23 The winery has 3000 bushels of Variety A grapes, 2280 bushels of Variety B grapes, 1000 pounds of sugar, and 1400 man-hours of labour available during the next week. The firm operates to achieve maximum contribution. Refer to the POM for Windows panels showing the solution to this problem. Answer the following questions. a. For maximum contribution, how much of each wine should be produced? b. How much contribution will be made by selling the output? c. Is there any sugar left over? If so, how much?

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The optimal solution of a linear programming problem that consists of two variables and six constraints will probably not satisfy all six constraints as equalities.

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A company has the following usage of inputs, constraints on inputs and profit margins to make their three products. Product Wiring Drilling Assembly Profit X202 0.47 0.28 0.55 15 Y303 0.61 0.43 0.61 18 Z404 0.37 0.2 0.29 13.1 There are maximum amounts of the following: 1625 hours for wiring, 1750 hours for drilling and 1175 hours for Assembly. Make sure that the units produced are integers. Solve for the above problem. The company must make at least 825 X202, 475 Y303 and 625 Z404. a) How many units of each product will be made? b) What is the maximum profit? c) Which input has the least amount of slack?

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Two methods of conducting sensitivity analysis on solved linear programming problems are ________ and ________.

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A linear programming problem has two constraints 2X + 4Y ≤ 100 and 1X + 8Y ≤ 100, plus nonnegativity constraints on X and Y. Which of the following statements about its feasible region is true?

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A company has the following inputs and cost structure. Product Ingredient A 3 2 4 Ingredient B 2 3 1 Ingredient C 1 0 2 Ingredient D 6 8 4 Cost per unit 0.00125 0.0025 0.015625 They must also use the following minimum quantities. A 120, B 80, C 40, D 240 The is also a maximum of Z of 80 units. a) Calculate how many of each product (X, Y, Z) should be produced. b) How much is the minimized total cost?

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If cars (C sell for $500 profit and trucks (T) sell for $300 profit which of the following represents the objective function?

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A linear programming problem has two constraints 2X + 4Y ≥ 100 and 1X + 8Y ≤ 100, plus nonnegativity constraints on X and Y. Which of the following statements about its feasible region is true?

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The region which satisfies all of the constraints in graphical linear programming is called the

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Lost Maples Winery makes three varieties of contemporary Texas Hill Country wines: Austin Formation (a fine red), Ste. Genevieve (a table white), and Los Alamos (a hearty pink Zinfandel). The raw materials, labour, and contribution per case of each of these wines is summarized below. Grapes Variety A bushels Grapes Variety B bushels Sugar pounds Labour (man- hours) Contrib. per case Austin Formation 4 0 1 3 \ 24 Ste. Genevieve 0 4 0 1 \ 28 Los Alamos 2 2 2 2 \ 20 The winery has 2800 bushels of Variety A grapes, 2040 bushels of Variety B grapes, 800 pounds of sugar, and 1060 man-hours of labour available during the next week. The firm operates to achieve maximum contribution. Refer to the POM for Windows panels showing the solution to this problem.  Lost Maples Winery makes three varieties of contemporary Texas Hill Country wines: Austin Formation (a fine red), Ste. Genevieve (a table white), and Los Alamos (a hearty pink Zinfandel). The raw materials, labour, and contribution per case of each of these wines is summarized below.   \begin{array} { | l | c | c | c | c | c | }  \hline & \begin{array} { c }  \text { Grapes } \\ \text { Variety A } \\ \text { bushels } \end{array} & \begin{array} { c }  \text { Grapes } \\ \text { Variety B } \\ \text { bushels } \end{array} & \begin{array} { c }  \text { Sugar } \\ \text { pounds } \end{array} & \begin{array} { c }  \text { Labour (man- } \\ \text { hours) } \end{array} & \begin{array} { c }  \text { Contrib. } \\ \text { per case } \end{array} \\ \hline \text { Austin Formation } & 4 & 0 & 1 & 3 & \$ 24 \\ \hline \text { Ste. Genevieve } & 0 & 4 & 0 & 1 & \$ 28 \\ \hline \text { Los Alamos } & 2 & 2 & 2 & 2 & \$ 20 \\ \hline \end{array}  The winery has 2800 bushels of Variety A grapes, 2040 bushels of Variety B grapes, 800 pounds of sugar, and 1060 man-hours of labour available during the next week. The firm operates to achieve maximum contribution. Refer to the POM for Windows panels showing the solution to this problem.   Answer the following questions. a. For maximum contribution, how much of each wine should be produced? b. How much contribution will be made by selling the output? c. Is there any sugar left over? If so, how much? If not, what is its shadow price (dual value)? Explain what this value means to Lost Maples' management. d. Interpret the meaning of the lower bound to Labour in the Ranging analysis. That is, explain how the solution would change if the amount of labour fell below that lower value. e. Interpret the meaning of the upper bound to Los Alamos wine in the Ranging analysis. Answer the following questions. a. For maximum contribution, how much of each wine should be produced? b. How much contribution will be made by selling the output? c. Is there any sugar left over? If so, how much? If not, what is its shadow price (dual value)? Explain what this value means to Lost Maples' management. d. Interpret the meaning of the lower bound to Labour in the Ranging analysis. That is, explain how the solution would change if the amount of labour fell below that lower value. e. Interpret the meaning of the upper bound to Los Alamos wine in the Ranging analysis.

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Which of the following correctly describes all iso-profit lines for an LP maximization problem?

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The corner-point solution method requires

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Suppose that an iso-profit line is given to be X + Y = 15. What would be the profit made from producing 20X and 10Y?

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A maximizing linear programming problem has two constraints: 2X + 4Y < 100 and 3X + 10Y < 210, in addition to constraints stating that both X and Y must be nonnegative. The corner points of the feasible region of this problem are

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