OPERATIONS MANAGEMENT W/ CNCT+
12th Edition
ISBN: 9781259574931
Author: Stevenson
Publisher: MCG CUSTOM
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Textbook Question
Chapter 19, Problem 1DRQ
For which decision environment is linear programming most suited?
Expert Solution & Answer
Summary Introduction
To determine: The environment for which linear programming is most suited.
Linear programming:
Linear programming is a mathematical modeling method where a linear function is maximized or minimized taking the various constraints present in the problem into consideration. It is useful in making quantitative decisions in business planning.
Explanation of Solution
Environment for which linear programming is most suited:
Linear programming is most suitable in situations where there is a single objective. Linear programming can only solve one objective at a time; either maximizing the gains or minimizing the expenses. It will be suitable when there are specific constraints and many variables.
The constraints will be governing the variables. The numerical values, conditions and other requirements will be fixed in a linear programming model. Hence, linear programming is most suitable in similar environments.
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Students have asked these similar questions
State in which decision environment is linear programming most suited .
A manufacturer has the capability to produce both chairs and tables. Both products use the same materials (wood, nails and paint) and both have a setup cost ($100 for chairs, $200 for tables). The firm earns a profit of $20 per chair and $65 per table and can sell as many of each as it can produce. The daily supply of wood, nails and paint is limited. To manage the decision-making process, an analyst has formulated the following linear programming model:Max 20x1 + 65x2 – 100y1 – 200y2s.t. 5x1 + 10x2 ≤ 100 {Constraint 1}20x1 + 50x2 ≤ 250 {Constraint 2}1x1 + 1.5x2 ≤ 10 {Constraint 3}My1 ≥ x1 {Constraint 4}My2 ≥ x2 {Constraint 5}yi={1, if product j is produced0, otherwiseyi=1, if product j is produced0, otherwiseWhich of the constraints limit the amount of raw materials that can be consumed?
A. Constraint 1
B. Constraint 4
C. Constraint 5
D. Constraint 1 and 4
E. Constraint 1, 2 and 3
Discuss the concept of constrained optimization tools of decision making.
Chapter 19 Solutions
OPERATIONS MANAGEMENT W/ CNCT+
Ch. 19 - For which decision environment is linear...Ch. 19 - What is meant by the term feasible solution space?...Ch. 19 - Explain the term redundant constraint.Ch. 19 - Prob. 4DRQCh. 19 - Prob. 5DRQCh. 19 - Prob. 6DRQCh. 19 - Prob. 1PCh. 19 - Prob. 2PCh. 19 - Prob. 3PCh. 19 - A small candy shop is preparing for the holiday...
Ch. 19 - A retired couple supplement their income by making...Ch. 19 - Solve each of these problems by computer and...Ch. 19 - Prob. 7PCh. 19 - For Problem 6b: a. Find the range of feasibility...Ch. 19 - Prob. 9PCh. 19 - Prob. 10PCh. 19 - Prob. 11PCh. 19 - The manager of the deli section of a grocery...Ch. 19 - Prob. 13PCh. 19 - A chocolate maker has contracted to operate a...Ch. 19 - Prob. 15PCh. 19 - Prob. 16PCh. 19 - Prob. 1.1CQCh. 19 - Prob. 1.2CQCh. 19 - Prob. 1.3CQCh. 19 - Prob. 2.1CQCh. 19 - Prob. 2.2CQCh. 19 - Prob. 2.3CQCh. 19 - Prob. 2.4CQ
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