In: Accounting
Find the optimal solution for the following problem. (Round your answers to 3 decimal places.)
Minimize C = | 5x + 11y |
subject to | 4x + 6y ≥ 13 |
7x + 4y ≥ 13 | |
and | x ≥ 0, y ≥ 0. |
a)optimal vaule of x is 1
solution:
given equations: 4x+6y>or=13 , 7x+4y>or=13
to get optimal value [here minimum value] we use equations,
4x+6y=13 and 7x+4y=13
6y=13-4x and 4y=13-7x : [solving the equation]
y=(13-4x)/6 and y=(13-7x)/4
that means, (13-4x)/6 = (13-7x)/4
cross multiply 6 and 4
(13-4x)*4 = (13-7x)*6
52-16x = 78-42x
taking x variable into one side we get
42x-16x = 78-52
26x = 26
x=1
by solving this equation we got the omtimal value of x as 1.
b)optimal value of y is 1.5
solution:
by solving the above equations 4x+6y= 13 and 7x+4y=13,
we got x=1
giving the value of x as 1
we get 4*1+ 6y=13
6y=13-4=9
y=9/6
=1.5 [ or else we can find y by solving the above equation directly as well]
c) we have got optimal value[minimal value] of x=1 and y=1.5
giving the values of x and y in the objective function c=5x+11y we get
c= (5*1)+ (11*1.5)
c= 5 + 16.5
c= 21.5
that means the minimum value of objetive funtion is 21.5