A business manager for a grain distributor is asked to decide how many containers of each of two grains to purchase to fill its 1,600-pound capacity warehouse.The table below summarizes the container size,availability,and expected profit per container upon distribution.
a.Formulate as a linear program with the decision variables representing the number of containers purchased of each grain.Solve for the optimal solution.
b.What would be the optimal solution if you were not allowed to purchase fractional containers?
c.There are three possible results from rounding an LP solution to obtain an integer solution:
(1)The rounded optimal LP solution will be the optimal IP solution.
(2)The rounded optimal LP solution gives a feasible,but not optimal IP solution.
(3)The rounded optimal LP solution is an infeasible IP solution.
For this problem,(i)round down all fractions; (ii)round up all fractions; and (iii)round off (to the nearest integer)all fractions (Note: Two of these are equivalent.)Which result above (1,2,or 3)occurred under each rounding method?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q42: Given the following all-integer linear program:
Max 15x1
Q43: Your express package courier company is drawing
Q44: Market Pulse Research has conducted a study
Q45: Solve the following problem graphically.
Q46: Hansen Controls has been awarded a contract
Q47: Grush Consulting has five projects to consider.Each
Q48: Given the following all-integer linear program:
Q49: Consider a capital budgeting example with five
Q50: Kloos Industries has projected the availability of
Q52: Given the following all-integer linear programming problem:
Max
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents