Tuesday, September 23, 2014

I need to know the variables (x,y), inequality statements and the optimization statement for the following,?Rainbow Paints had 1000 gallons of...

Resources:Yellow paint 1000gal.Red paint 1250 gal


Mixture1: Ratio of yellow:blue = (1/2):((1/2)


Mixture2:Ratio of yellow :Blue= (1/3):(2/3)


Let the Mixture1 and Mixture2  be x  gal  and y  gallons.


The  yellow paint in the two mixtures = x/2+y/3  gallons canot exceed  the company's stock of 1000gal.Similarly the blue pain quantity in two mixtures x/2+2y/3 gal cannot exceed 1250 of stock. I.e.'


x/2+y/3<=1000                                     (1)


x/2+2y/3<=1250                                   (2)


By capcity of production, x+y =<2150       (3)


By demand first mix x>=250                     (4)


and second mix y>=150.                         (5)


The profit  P  for the quantity of x and y at the  rate of $7.82 per unit of x and $6.67 per unit of y is given by:


P= 7.82x+6.67y                                   (6)



The object is to maximise  the profit P and find the quantities x and y satisfying the conditions or constraints (1) to (5).


Solution:


From (1) and (2):  Treating like ordinary equations  we find  x and y


(2)-(1): y/3=1250-1000==> y=750. So, y<=750 is a possibility.


From this  treating like simultaneous equations, we get by substitution in(1): x/2=100-250=750=>x=1500


So, x<=1500 is a possible solution


From these two possible solutions we get


X+y<=1500+750=2250 or


x+y<=2250 (7)


From (3) x+y < =2150. (8).


The conditions (7) and (8) should hold good and the satisfying solution should maximise profit,P.Therefore, we decide to keep x at 1500 without reducing the quantity as the rate of profit per unitof x is $7.82 which is higher than that of y at $6.66 and limiting  the y units to 650 as x+y=2150 at this value satisfying all the consraints, giving best or maximum profit.


P=7.82*1500+ 650*6.67 = $16,065.50, he maximum profit.


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