Operations Research : Applications and Algorithms
Operations Research : Applications and Algorithms
4th Edition
ISBN: 9780534380588
Author: Wayne L. Winston
Publisher: Brooks Cole
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Chapter 6.10, Problem 1P

a.

Explanation of Solution

Dual of the Glassco problem:

  • The primal of the Glassco problem is as follows,

  max z=6x1+10x2+9x3+20x4

  • The above function subject to the following constraints,

  4x1+9x2+7x3+10x4200(ConstraintonMolding)x1+x2+3x3+40x4400(ConstraintonPackaging)3x1+4x2+2x3+x4500(ConstraintonGlass)

  • The optimal solution to this problem is as follows,

  z=28003x1=4003x2=0x3=0x4=203s1=s2=0s3=2803

  • To find the dual of the problem consider the below table,
   max z   
min w x10x20x30x40 
  x1x2x3x4 
y10

b.

Explanation of Solution

Optimal solution to the dual of the Glassco problem:

  • y3=0” because the value of “s3” is greater than “0”.
  • The constraint (1) is binding because “x1” is greater than “0”.
  • The constraint (4) is binding because “x4” is greater than “0”.
  • Solving the constraint (1) and (4) simultaneously produces “y1=2215”, , and “y2=215”.
  • Substitute the values of “y1”,“y2”, and set the value of “y3” as “0” in equation “w=600y</

c.

Explanation of Solution

Example of complementary slackness condition:

Condition:

If “ithprimalslack>0”, then “ithdualvariable=0”.

  • s3>0” denotes “y3=0”.
  • This is fair, because an additional ounce of glass will not increase “z”, if all available glass is not being used.
  • Therefore, the constraint on glass should contain the shadow price of “0”.

Condition:

If “ithdualvariable>0”, then “ithprimalslack=0”.

  • y2>0” denotes “s2=0”.
  • An extra minute of packaging time will increase “Z”, because “y2” is greater than “0”.
  • Therefore, all currently available packaging time should be used.

Condition:

If “jthdual excess>0”, then “jthprimalvariable=0”.

  • e2>0” denotes “x2=0”.
  • It is denoted by the following dual problem constraint,

9y1+y2+4y310

  • From this constraint, subtract the excess variable “e2” as follows,

9y1+y2+4y3e2=10e2=9y1+y2+4y310

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At the beginning of month 1, Finco has $400 in cash.  At the beginning of months 1, 2, 3, and 4, Finco receives certain revenues, after which it pays bills (see Table 2 below).  Any money left over may be invested for one month at the interest rate of 0.1% per month; for two months at 0.5% per month; for three months at 1% per month; or for four months at 2% per month.  Use linear programming to determine an investment strategy that maximizes cash on hand at the beginning of month 5.  Formulate an LP to maximize Finco’s profit.
At the beginning of month 1, Finco has $400 in cash.  At the beginning of months 1, 2, 3, and 4, Finco receives certain revenues, after which it pays bills (see Table 2 below).  Any money left over may be invested for one month at the interest rate of 0.1% per month; for two months at 0.5% per month; for three months at 1% per month; or for four months at 2% per month.  Use linear programming to determine an investment strategy that maximizes cash on hand at the beginning of month 5.  Formulate an LP to maximize Finco’s profit.   Table 2 Month Revenues ($) Bills ($) 1 400 600 2 800 500 3 300 500 4 300 250

Chapter 6 Solutions

Operations Research : Applications and Algorithms

Ch. 6.3 - Prob. 4PCh. 6.3 - Prob. 5PCh. 6.3 - Prob. 6PCh. 6.3 - Prob. 7PCh. 6.3 - Prob. 8PCh. 6.3 - Prob. 9PCh. 6.4 - Prob. 1PCh. 6.4 - Prob. 2PCh. 6.4 - Prob. 3PCh. 6.4 - Prob. 4PCh. 6.4 - Prob. 5PCh. 6.4 - Prob. 6PCh. 6.4 - Prob. 7PCh. 6.4 - Prob. 8PCh. 6.4 - Prob. 9PCh. 6.4 - Prob. 10PCh. 6.4 - Prob. 11PCh. 6.4 - Prob. 12PCh. 6.4 - Prob. 13PCh. 6.5 - Prob. 1PCh. 6.5 - Find the duals of the following LPs: Ch. 6.5 - Prob. 3PCh. 6.5 - Prob. 4PCh. 6.5 - Prob. 5PCh. 6.5 - Prob. 6PCh. 6.6 - Prob. 1PCh. 6.6 - Prob. 2PCh. 6.7 - Prob. 1PCh. 6.7 - Prob. 2PCh. 6.7 - Prob. 3PCh. 6.7 - Prob. 4PCh. 6.7 - Prob. 5PCh. 6.7 - Prob. 6PCh. 6.7 - Prob. 7PCh. 6.7 - Prob. 8PCh. 6.7 - Prob. 9PCh. 6.8 - Prob. 1PCh. 6.8 - Prob. 2PCh. 6.8 - Prob. 3PCh. 6.8 - Prob. 4PCh. 6.8 - Prob. 5PCh. 6.8 - Prob. 6PCh. 6.8 - Prob. 8PCh. 6.8 - Prob. 9PCh. 6.8 - Prob. 10PCh. 6.8 - Prob. 11PCh. 6.9 - Prob. 1PCh. 6.9 - Prob. 2PCh. 6.9 - Prob. 3PCh. 6.10 - Prob. 1PCh. 6.10 - Prob. 2PCh. 6.10 - Prob. 3PCh. 6.11 - Prob. 1PCh. 6.11 - Prob. 3PCh. 6.11 - Prob. 4PCh. 6.12 - Prob. 5PCh. 6.12 - Prob. 6PCh. 6.12 - Prob. 7PCh. 6 - Prob. 1RPCh. 6 - Prob. 2RPCh. 6 - Prob. 3RPCh. 6 - Prob. 4RPCh. 6 - Prob. 5RPCh. 6 - Prob. 6RPCh. 6 - Prob. 7RPCh. 6 - Prob. 8RPCh. 6 - Prob. 9RPCh. 6 - Prob. 10RPCh. 6 - Prob. 11RPCh. 6 - Prob. 13RPCh. 6 - Prob. 14RPCh. 6 - Prob. 15RPCh. 6 - Prob. 17RPCh. 6 - Prob. 18RPCh. 6 - Prob. 19RPCh. 6 - Prob. 20RPCh. 6 - Prob. 21RPCh. 6 - Prob. 22RPCh. 6 - Prob. 25RPCh. 6 - Prob. 29RPCh. 6 - Prob. 33RPCh. 6 - Prob. 34RPCh. 6 - Prob. 35RPCh. 6 - Prob. 36RPCh. 6 - Prob. 37RP
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