(Empowered Autonomous) FYBCom Mathematical and Statistical Techniques I Mathematical Applications in Management Worksheet 2 Q 1. Solve the following LPP by Graphical Method: (A) A company makes two kinds of leather belts. Belt A is a high-quality belt and Belt B is a low-quality. The respective profits are Rs 4 and Rs 3 per belt. Each belt of type A requires twice as much time as a belt of type B, and if all belts were of type B, the company could make 1000 per day. The supply of leather is sufficient for only 800 belts per day. Belt A requires a fancy buckle and only 400 per day are available. There are only 700 buckles a day available for belt B. Determine the optimal product mix. (B) A farm is in breeding pigs. The pigs are fed on various products grown on the farm. In view of the need to ensure certain constituents (call them X, Y, and Z), it is necessary to buy two additional products say, A and B. One unit of product A contains 36 units of X, 3 units of Y, and 20 units of Z. One unit of product B contains 6 units of X, 12 units of Y, and 10 units of Z. Product A costs Rs. 20 per unit and product B Rs. 40 per unit. Formulate the LPP and solve the problem using a graphical method. (C) (F) Maximize Z = 4x1 + 10x2 Minimize Z = −x1 + 2x2 Subject to 2x1 + x2 ≤ 50 Subject to − x1 + 3x2 ≤ 10 2x1 + 5x2 ≤ 100 x1 + x2 ≤ 6 2x1 + 3x2 ≤ 90 x1 − x2 ≤ 2 x1 , x2 ≥ 0 x1 , x2 ≥ 0 (D) (G) Maximize Z = 2x1 + 3x2 Subject to x1 + 2x2 ≤ 4 Maximize Z = 2x1 + 3x2 3x1 + 2x2 ≤ 6 Subject to x1 + 2x2 ≤ 30 x1 + x2 ≥ 5 x1 − x2 ≥ 0 x1 , x2 ≥ 0 x2 ≥ 3 (E) 0 ≤ x1 ≤ 20 Minimize Z = 400x1 + 360x2 0 ≤ x2 ≤ 12 Subject to 5x1 + 3x2 ≥ 45 x1 ≤ 8 x2 ≤ 10 x1 , x2 ≥ 0