In: Operations Management
olve the following Math model
graphically:
X: # of tables to produce
Y: # of chairs to produce
Max Z = OMR 300 X + OMR 500 Y
Subject to: X <= 4 Y <= 6 3x + 2Y <= 18
Steps to follow for plotting Graph:
Step 1
Plot graphs X= 4; Y= 6 and 3X +2Y=18 on graph
To plot third graph simplify it as in X/6 + Y/9 =1 (by deviding both side by 18)
which means this graph will touch X axis at X = 6 (Point 6,0) and Y axis at Y=9 (Point 0,9).
Step 2
Find out point of intersection between two graphs at a time
a) X=4 & Y = 6 intersect at point (4,6)
b) X=4 & 3X+2Y =18 will intersect at (4,3)
3*4 +2*Y =18
2Y = 18-12
Y=6/2 = 3
c) Y=6 and 3X+2Y = 18 will intersect at (2,6)
3X + 2*6 =18
3X = 18-12
X = 2
Step 3
Critical Points of Graph
All the points of intersection of graph is critical points and could be solution points for us.
There are total five critical points as given below
(0,0) ; (0;6) ; (2,6) ; (4,0) ; (4,3)
Step 4
Find Value of objective function at each of the critical points
Objective Function : Max Z = 300X + 500Y
at (0,0)
Z = 0
at (0,6)
Z= 300*0 + 500*6 = 3000
at (2,6)
Z= 300*2 + 500*6 = 3600
at (4,0)
Z = 300*4 + 500*0 = 1200
at (4,3)
Z = 300*4 + 500*3 = 1200 +1500 = 2700
Step 5
Solution Point : (2,6) as it gives maxm value
Z = 3600
Hence 2 tables and 6 chairs should be produced to maximise profit.