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Lecture 4 LP Formulation

The document discusses formulating a linear programming problem to maximize profit with budget and demand constraints. It describes setting objectives and constraints, presenting the problem in tabular form with products, costs, profits, demands and a production budget, and converting it to mathematical equations.

Uploaded by

Chethan Srinivas
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
25 views

Lecture 4 LP Formulation

The document discusses formulating a linear programming problem to maximize profit with budget and demand constraints. It describes setting objectives and constraints, presenting the problem in tabular form with products, costs, profits, demands and a production budget, and converting it to mathematical equations.

Uploaded by

Chethan Srinivas
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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OPERATION RESEARCH

ME354
OPERATION RESEARCH

Lecture -4

Linear Programming-Formulation

NITK , Surathkal
OPERATION RESEARCH
Linear Programming Problem(LPP)

Two Aspects
1. Formulation (Convert to Mathematical Equations)
2. Solution
• Graphical solution
• Simplex Method
• Big M Method
• Dual Simplex Method
• Two Phase model NITK , Surathkal
OPERATION RESEARCH
Linear Programming Problem(LPP)

Step .1
1. Formulation (Convert to Mathematical Equations)

NITK , Surathkal
OPERATION RESEARCH

Objectives ?

Constrains ?
NITK , Surathkal
OPERATION RESEARCH

Objectives ? Maximization of the Profit

Budget constrain &


Constrains ?
Demand constrain
NITK , Surathkal
OPERATION RESEARCH

Tabular Form

NITK , Surathkal
OPERATION RESEARCH

Tabular Form

NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products

NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products Cost of
Production

NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products Cost of Profit per Unit
Production

NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products Cost of Profit per Unit Total Demand
Production

NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products Cost of Profit per Unit Total Demand
Production

Production
Budget
NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products Cost of Profit per Unit Total Demand
Production

Production 50,000
Budget
NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products Cost of Profit per Unit Total Demand
Production
A 200

B 150

Production 50,000
Budget
NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products Cost of Profit per Unit Total Demand
Production
A 200 20

B 150 15

Production 50,000
Budget
NITK , Surathkal
OPERATION RESEARCH

Tabular Form
Products Cost of Profit per Unit Total Demand
Production
A 200 20
500
B 150 15

Production 50,000
Budget

Convert to Mathematical Form NITK , Surathkal


OPERATION RESEARCH

NITK , Surathkal
OPERATION RESEARCH

NITK , Surathkal

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