Solve the following Linear programming problem using the simplex method: Maximize Z = 10X1 + 15X2 + 20X3 subject to: 2X1 + 4X2 + 6X3 ≤ 24 3X1 + 9X2 + 6X3 ≤ 30 X1, X2 and X3 ≥ 0

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
100%

Solve the following Linear programming problem using the simplex method:
Maximize Z = 10X1 + 15X2 + 20X3
subject to:
2X1 + 4X2 + 6X3 ≤ 24
3X1 + 9X2 + 6X3 ≤ 30
X1, X2 and X3 ≥ 0

(b) Suppose X1, X2, X3 in (a) refer to number of red, blue, and green balloons respectively
which are produced by a company per day. And Z is the total profit obtained after
selling these balloons. Interpret your answer obtained in (a)  above
(c) Write the dual of the following linear programming problem:
Minimize Z = 2X1 − 3X2 + 4X3
subject to:
3X1 + 4X2 + 5X3 ≥ 9
6X1 + X2 + 3X3 ≥ 4
7X1 − 2X2 − X3 ≤ 10
5x1 − 2X2 + X3 ≥ 3
4X1 + 6X2 − 2X3 ≥ 3
X1, X2 and X3 ≥ 0

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps

Blurred answer
Knowledge Booster
Optimization models
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.