June 2006
Beginner
793 pages
20h 59m
English
Content preview from Quantitative Techniques: Theory and Problems
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SOLVED PROBLEMS
Problem 2.1
PARLOK Ltd has two products Heaven and Hell. To produce one unit of Heaven, 2 units of material X and 4 units of material Y are required. To produce one unit of Hell, 3 units of material X and 2 units of material Y are required. Only 16 units of material X and 16 units of material Y are available. Material X cost Rs. 2.50 per unit and Material Y cost Rs. 0.25 per unit respectively.
Required: Formulate an LP Model and solve it graphically.
Solution
Formulation of LP Model
Calculation of Cost per Unit of each Product
| Let x represent the no. of units of product ‘Heaven’ to produced y represent the no. of units ... | ||
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