Question: Formulate and then solve a linear programming model of this problem, to determine how many containers of each product to produce tomorrow to maximize profits.
Formulate and then solve a linear programming model of this problem, to determine how many containers of each product to produce tomorrow to maximize profits. The company makes four juice products using orange, grapefruit, and pineapple juice.
Product Retail Price per Quart
Orange juice $1.00
Grapefruit juice $0.90
Pineapple juice $0.80
All-in-One $1.10
The All-in-One juice has equal parts of orange, grapefruit, and pineapple juice.Each product is produced in a one-quart size (there are four quarts in a gallon). On hand are 400 gallons of orange juice, 300 gallons of grapefruit juice, and 200 gallons of pineapple juice.The cost per gallon is $2.00 for orange juice, $1.60 for grapefruit juice, and $1.40 for pineapple juice.
In addition, the manager wants grapefruit juice to be used for no more than 30 percent of the number of containers produced. She wants the ratio of the number of containers of orange juice to the number of containers of pineapple juice to be at least 7 to 5.
Solution:
Draw a table for revenue, cost and profit per quart.
O Juice G Juice P Juice All-in-One
Revenue per quart $1.000 $0.900 $0.800 $1.100
Cost per quart $0.500 $0.400 $0.350 $0.417
Profit per quart $0.500 $0.500 $0.450 $0.683
Formulate the linear programming equation.
Maximise:
0.50x1 + 0.50x2 + 0.45x3 + 0.683x4
Subject to:
Juice O 1x1 + 0.333x4 1,600
Juice G1x2 + 0.333x4 1,200
Juice P 1x3 + 0.333x4 800
Juice G Container: 0.30x1 + 0.70x2 0.30x3 0.30x4 0
Ratio:5x1 7x3 0
x1, x2, x3, x4 0
Draw a table to calculate decision variables and profit.
Decision variables Profit
x1 x2 x3 x4 2,240.566
800 400 0 2,402
Coefficients:
Objective 0.5 0.5 0.45 0.683
Juice O 1 0.333
Juice G 1 0.333
Juice P 1 0.333
Container G 0.3 0.7 0.3 0.3
Ratio 5 7
Constraints:
Juice O 1,600 <= 1,600
Juice G 1,200 <= 1,200
Juice P 800 <= 800
Container G 680.7 <= 0
Ratio 4,000 >= 0
Linear programming model will be:
0.50x1 + 0.50x2 + 0.45x3 + 0.683x4
Quantity required to be produced for Juice O is 800, Juice G is 400, Juice P is 0 and Juice All-in-One is 2,402. Profit will be $2,240.566.
Question:
I don't know how to get the Ratio of 4,000 >= 0 and quantities to be produced of Juice O is 800, Juice G is 400, Juice P is 0 and Juice All-in-One is 2402. Please advise. Thank you!
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