Simplexm ethod
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A jewelry store makes both necklaces and bracelets from gold and platinum. The store has developed the following linear programming model for determining the number of necklaces and bracelets (X1 and X2) that it needs to make to maximize profit.
maximize Z = 300X1 + 400X2 (profit, $)
subject to
3X1 + 2X2 < 18 (gold, oz)
2X1 + 4X2 < 20 (platinum, oz)
X2 < 04 (demand, bracelets)
X1, X2 > 0
I need to solve this problem using the simplex method.
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Solution Summary
This shows how to solve a given linear programming problem with the simplex method.
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Linear Programing/Simplex Method
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A jewelry store makes both necklaces and bracelets from gold and platinum. The store has developed the following linear programming model for determining the number of necklaces and bracelets (X1 and X2) that it needs to make to maximize profit.
maximize Z = 300X1 + 400X2 (profit, $)
subject to
3X1 + 2X2 < 18 (gold, oz)
2X1 + ...
Purchase this Solution
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