8/27: Linear Programming Lecture: LP Small Groups Homework
Linear Programming What is it? –Synthesizing a problem in words into a series of equations. –A type of modeling tool –Optimizing a linear function subject to several constraints, expressed as inequalities.
LP - 4 Characteristics Objective Function Constraints Alternative Courses of Action Linear Equations
EX: Toy Company A toy company makes 3 types of toys: wooden trucks, wooden dolls, and chess sets. Each requires some amount of hand labor, machine time, and wood. A wooden truck needs 10 min. hand time, 3 min. machine time, and 15 linear inches of wood. A wooden doll requires 8 min. hand time, 10 min. machine time, and 11 linear inches of wood. A chess set takes 3 min. hand time, 20 min. machine time, and 31 linear inches of wood. Per day, there are 8 hours of hand labor time, 8 hours on the machine, and 1000 linear feet of wood available. The profit margins for the truck, doll, and chess set are $7, $5, and $12, respectively.
Toy Company Formulate a linear program set to maximize the company's profit.
Terminology Z : variable to be optimized. x 1, x 2, x 3,… : decision variables. So we write Max Z ( profit ) = (some combo of x 1...x X ) S. T. ("subject to"): (the constraints)
Toy Company What are we supposed to maximize? What factors play a part in that? What constraints are there to the profit?
A toy company makes 3 types of toys: wooden trucks, wooden dolls, and chess sets. Each requires some amount of hand labor, machine time, and wood. A wooden truck needs 10 min. hand time, 3 min. machine time, and 15 linear inches of wood. A wooden doll requires 8 min. hand time, 10 min. machine time, and 11 linear inches of wood. A chess set takes 3 min. hand time, 20 min. machine time, and 31 linear inches of wood. Per day, there are 8 hours of hand labor time, 8 hours on the machine, and 1000 linear feet of wood available. The profit margins for the truck, doll, and chess set are $7, $5, and $12, respectively. Maximize the company’s profit.
A toy company makes 3 types of toys: wooden trucks, wooden dolls, and chess sets. Each requires some amount of hand labor, machine time, and wood. A wooden truck needs 10 min. hand time, 3 min. machine time, and 15 linear inches of wood. A wooden doll requires 8 min. hand time, 10 min. machine time, and 11 linear inches of wood. A chess set takes 3 min. hand time, 20 min. machine time, and 31 linear inches of wood. Per day, there are 8 hours of hand labor time, 8 hours on the machine, and 1000 linear feet of wood available. The profit margins for the truck, doll, and chess set are $7, $5, and $12, respectively. Maximize the company’s profit.
A toy company makes 3 types of toys: wooden trucks, wooden dolls, and chess sets. Each requires some amount of hand labor, machine time, and wood. A wooden truck needs 10 min. hand time, 3 min. machine time, and 15 linear inches of wood. A wooden doll requires 8 min. hand time, 10 min. machine time, and 11 linear inches of wood. A chess set takes 3 min. hand time, 20 min. machine time, and 31 linear inches of wood. Per day, there are 8 hours of hand labor time, 8 hours on the machine, and 1000 linear feet of wood available. The profit margins for the truck, doll, and chess set are $7, $5, and $12, respectively. Maximize the company’s profit.
A toy company makes 3 types of toys: wooden trucks, wooden dolls, and chess sets. Each requires some amount of hand labor, machine time, and wood. A wooden truck needs 10 min. hand time, 3 min. machine time, and 15 linear inches of wood. A wooden doll requires 8 min. hand time, 10 min. machine time, and 11 linear inches of wood. A chess set takes 3 min. hand time, 20 min. machine time, and 31 linear inches of wood. Per day, there are 8 hrs. of hand labor time, 8 hrs. machine time, and 1000 linear feet of wood available. The profit margins for the truck, doll, and chess set are $7, $5, and $12, respectively. Maximize the company’s profit.
Toy Company What are we supposed to maximize? –THE PROFIT What factors play a part in that? –PROFIT FROM TRUCKS, DOLLS, and CHESS SETS What constraints are there to the profit? –HAND TIME, MACHINE TIME, and WOOD
Toy Company Let x 1 = toy trucks, w/ a $7 profit each x 2 = dolls, w/ a $5 profit each x 3 = chess sets w/ a $12 profit each So Max Z (profit) = 7 x x x 3
Toy Company - constraints Hand Time: total of 8 hours. -- or 480 min. Truck - 10 min. Doll - 8 min. Chess Set - 3 min. so 10 x x x 3 <= 480
Toy Company - constraints Machine Time: total of 8 hrs. -- or 480 min. Truck - 3 min. Doll - 10 min. Chess Set - 20 min. so 3 x x x 3 <= 480
Toy Company - constraints Wood: total of 1000 ft. -- or 12,000 in. Truck - 15 in. Doll - 11 in. Chess Set - 31 in. so 15 x x x 3 <= 12000
Toy Company - constraints Other constraints: Integers:x 1, x 2, x 3 must be integers. Positive: x 1, x 2, x 3 >= 0
Toy Company - total LP Max Z (profit) = 7 x x x 3 S. T.: 10 x x x 3 <= x x x 3 <= x x x 3 <= x 1, x 2, x 3 >= 0 x 1, x 2, x 3 must be integers.
EX: Camping Trip. PCF $/lb beef jerky dried potatoes granola mix NutriGrain bars Must have 30 g. protein, 60 g. carbohydrates, and 15 g. of fat. Minimize the cost.
Graphical Solutions for LP Sparky Electronics 2 products, WalkFM & WristTV profit: $7 $5 machine time 4 3 assembly time 2 1 Total machine time 240 Total assembly time 100
LP - Graphical Solution Limitation to the method: only TWO decision variables can exist.
LP - Graphical Solution Maximize Z ( profit ) = 7 x x 2 S. T. :4 x x 2 <= x x 2 <= 100 x 1. x 2 >= 0
LP - Graphical Solution 4 x x 2 = 240
LP - Graphical Solution 4 x x 2 = x x 2 = 100
LP - Graphical Solution 4 x x 2 = x x 2 = 100 Feasible Solution Region
LP - Graphical Solution 4 x x 2 = x x 2 = 100 Max Z = 7 x x 2 Z = $400 Z = $410 Z = $350