Question: For all students: Formulate the following problem into a mathematical optimization problem. First, state clearly the decision variables ) , objective, and constraints ( if
For all students: Formulate the following problem into a mathematical optimization problem.
First, state clearly the decision variables objective, and constraints if any Then, use
mathematical notations of your choice for the decision variables, and express the objective and
constraints as functions of the decision variables.
Materials. A contractor can sell several classes of concrete at a different price perton
for each class. The materials specification for each class of concrete allows the percent
age by weight of cement, sand, and gravel to range between certain upper and lower
bounds. The contractor knows the unit cost cost perpound to the company for each
of the three components of concrete, and how much of each component that is avail
able for the company to purchase. The amount of concrete of each type that the con
tractor can sell is limited but known. Hint: This problem has a maximization obiective
function, not minimization.
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