A jewelry store makes necklaces and bracelets from gold and platinum. The store has 18 ounces of gold and 20 ounces of platinum. Each necklace requires 3 ounces of gold and 2 ounces of platinum, whereas each bracelet requires 2 ounces of gold and 4 ounces of platinum. The demand for bracelets is no more than 4. A necklace earns $300 in profit and a bracelet, $400. The store wants to determine the number of necklaces and bracelets to make in order to maximize profit.
a. Formulate a linear programming model for this problem.
b. Solve this model using graphical analysis.
A jewelry store makes necklaces and bracelets from gold and platinum. The store has 18 ounces of gold and 20 ounces of platinum. Each necklace requires 3 ounces of gold and 2 ounces of platinum, whereas each bracelet requires 2 ounces of gold and 4 ounces of platinum. The demand for bracelets is no more than 4. A necklace earns $300 in profit and a bracelet, $400. The store wants to determine the number of necklaces and bracelets to make in order to maximize profit.
a. Formulate a linear programming model for this problem.
b. Solve this model using graphical analysis.
Let number of necklaces be = n
Let number of bracelets be = b
Since 3 ounces of gold is required for each necklace, 3n ounces of gold is required for n ...
Solution Summary
To find the linear programming problem using graphical method.
Please graph the following linearprogramming model-
Max Z = 10x + 6y
45x + 30y < = 180
3c + 8b < = 20
c, b > = 0
Please show graph and all steps in algebra to get the solution.
Consider a cost-benefit-trade-off problem having the following data:
Benefit Contribution
Per Unit of
Each Activity
Minimum
Acceptable
Benefit 1 2 Level
1 5 3 60
2 2 2 30
3 7 9 126
Unit Cost $60 $50
a. Formulate a linearprogramming model for this problem on a spreadsheet.
b. Use Solver to find the op
Claims company processes insurance claims, their perm operators can process 16 claims/day and temp process 12/day and the average for the company is at least 450/day. They want to limit claims error to 25 per day total, and the perm generate .5 errors/day and temp generate 1.4 error per day. The perm operators are paid $465/da
Attached please find Problem B.1 and Problem B.2. Need to solve the linearprogrammingproblemgraphically for each problem.
Textbook info: Operations Management, 8th Edition
Authors: Jay Heizer and Barry Render
Prentice-Hall
Problem B.1
Solve the following linearprogrammingproblemgraphically
Maximize Z = 4X +
1. Your company makes two sizes of globes, large and small. Sales of large globes generate $100.00 profit while small globes generate $50.00 profit. Large globes require 5 hours of kiln time, while small globes require only 1 hour. Management gets a bonus if they sell a lot of the large size globes, and, to increase market share
