Question: 1. Describe what is called deterministic modeling, linear programming, and optimization concepts along with examples of each 2. A chemical entrepreneur makes 2 kinds of
1. Describe what is called deterministic modeling, linear programming, and optimization concepts along with examples of each
2. A chemical entrepreneur makes 2 kinds of insect killer liquid, namely the superior type (C1) and the standard type (C2). Both types of liquids are made from 2 kinds of the same materials, namely A and B with different compositions. Each liter of a superior type of liquid is made from a mixture of 1 unit of ingredient A and 3 units of ingredient B, while each liter of standard type is made from a mixture of 2 units of ingredient A and 1 unit of ingredient B. Due to limited supply, each day he can only get 20 units of ingredient A and 30 units of ingredient B. For every liter of a superior type of liquid he makes, he will get a profit of 50,000. For every liter of standard type liquid, he will get a profit of 40,000. If it is assumed that all the liquid made will be sold, how many liters of liquid of each type must he make per day for maximum profit?
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