LP Modeling - PowerPoint PPT Presentation

About This Presentation
Title:

LP Modeling

Description:

LP Modeling Examples discussed in class * * * Example: Basketball Team Selection Coach Jack is trying to choose the starting line-up for the basketball team. – PowerPoint PPT presentation

Number of Views:39
Avg rating:3.0/5.0
Slides: 11
Provided by: REF26
Category:

less

Transcript and Presenter's Notes

Title: LP Modeling


1
LP Modeling
  • Examples discussed in class

2
Example Basketball Team Selection
  • Coach Jack is trying to choose the starting
    line-up for the basketball team. The team
    consists of seven players who have been rated (on
    a scale of 1poor to 3excellent) according to
    their ball-handling, shooting, rebounding, and
    defensive abilities. The positions that each
    player is allowed to play and the players
    abilities are listed in the following table
  • The five-player starting line-up must satisfy the
    following restrictions
  • At least 4 members must be able to play guard, at
    least 2 members must be able to play forward, and
    at least 1 member must be able to play centre.
  • The average ball-handling, shooting, and
    rebounding level of the starting line-up must be
    at least 2.
  • If player 3 starts, then player 6 cannot start.
  • If player 1 starts, then player 4 and 5 must both
    start.
  • Either player 2 or player 3, or both, must start.
  • Given these constraints, Coach Jack wants to
    maximize the total defensive ability of the
    starting team. Formulate an IP that will help him
    choose his starting team.

3
Categorization of OR
4
The General Structure of a Mathematical Model
Inputs
Output
5
A Simplified Model of a Manufacturing Situation
6
Example 1 LP Formulation
  • Papa Louis manufacturers wooden tables and chairs
    for small kids. Each "table" built Sells for 27
    and uses 10 worth of raw materials, increases
    Papa Louiss variable labor/overhead costs by
    14. Requires 2 hours of finishing labor and 1
    hour of carpentry labor. Each "chair" built
    Sells for 21 and uses 9 worth of raw materials,
    increase Papa Louiss variable labor/overhead
    costs by 10. Requires 1 hours of finishing labor
    AND 1 hour of carpentry labor. Each week Papa
    Louis can obtain only 100 finishing hours and
    only 80 carpentry hours. Also demand for the
    chairs is unlimited. However, at most 40 tables
    are bought each week. Papa Louis wants to
    maximize weekly profit (revenues - expenses).

7
Example 2 LP Formulation
  • Production Planning A manufacturing firm has
    discontinued production of a certain unprofitable
    product line. This created considerable excess
    production capacity. Management is considering
    devoting this excess capacity to one or more of
    the three products call them products 1, 2, and
    3. The available capacity on the machines that
    might limit output is summarized in the following
    table
  • The number of machine hours required for each
    unit of the respective products is given as
  • The sales department indicates that the sales
    potential for products 1, and 2 exceeds the
    maximum production rate and that the sales
    potential for product 3 is 20 units per week.
    The unit profit would be 30.0, 20, and 15,
    respectively, on products 1, 2, and 3. Formulate
    the linear programming model for determining how
    much of each product to produce in order to
    maximize profits.

Total Availability of resources lt500 hr/week lt350
hr/week lt150 hr/week
8
Example 3 Crude Petroleum
  • Shell Petroleum runs a small refinery on the
    Texas coast. The refinery distills crude
    petroleum from two sources, Saudi Arabia and
    Venezuela, into three main products gasoline,
    jet fuel, and lubricants. The two crudes differ
    in chemical composition and thus yield different
    product mixes. Each barrel of Saudi crude yields
    0.3 barrel of gasoline, 0.4 barrel of jet fuel,
    and 0.2 barrel of lubricants. On the other hand,
    each barrel of Venezuelan crude yields 0.4 barrel
    of gasoline but only 0.2 barrel of jet fuel and
    0.3 barrel of lubricants. The remaining 10 of
    each barrel is lost to refining.
  • The crudes also differ in cost and availability,
    Shell can purchase up to 9000 barrels per day
    from Saudi Arabia at 20 per barrel. Up to 6000
    barrels per day of Venezuelan petroleum are also
    available at the lower cost of 15 per barrel
    because of the shorter transportation distance.
    Shell's contracts with independent distributors
    require it to produce 2000 barrels per day of
    gasoline, 1500 barrels per day of jet fuel, and
    500 barrels per day of lubricants. How can these
    requirements be fulfilled most efficiently?

9
Example 4 LP Formulation
  • Manpower Planning Certain types of facilities
    operate seven days each week and face the problem
    of allocating manpower during the week as
    staffing requirements change as a function of the
    day of the week. Perhaps the most fundamental
    staffing problem is the assignment of days off to
    full-time employees. In particular, it is
    regularly the case that each employee is entitled
    to two consecutive days off per week. If the
    number of employees required on each of the seven
    days of the week is given, then the problem is to
    find the minimum workforce size which allows
    these demands to be met and then to determine the
    days off for the people in this work-force. To be
    specific, let us study the problem faced by Grand
    River Transit Bus Company. The number of drivers
    required for each day of the week is as follows
  • How many drivers should be scheduled to start a
    five-days stint on each day of the week?
    Formulate this problem as a linear program.
  • If daily pay is 50 per person on weekdays, 75
    on Saturday, 90 on Sundays. Modify the LP
    formulation so that the objective is now to
    minimize the weekly payroll costs rather than to
    minimize the workforce size.

10
Example 5 LP Formulation
  • Target Shirt Company makes three varieties of
    shirts Collegiate, Traditional and European.
    These shirts are made from different combinations
    of cotton and polyester. The cost per yard of
    unblended cotton is 5 and for unblended
    polyester is 4. Target can receive up to 4,000
    yards of raw cotton and 3,000 yards of raw
    polyester fabric weekly. The table shows below
    pertinent data concerning the manufacture of the
    shirts. (Meet weekly contracts or more while not
    exceeding weekly demand).
  •  
  •  
  • Formulate and solve a linear program that would
    give a manufacturing policy for Target Shirt
    Company.

11
Example 5 LP Formulation
  • Finco has the following investments available
  • Investment A For each dollar invested at time 0,
    we receive 0.10 at time 1 and 1.30 at time 2.
    Time 0 now time 1 one year from now and so
    on.)
  • Investment B For each dollar invested at time 1,
    we receive 1.60 at time 2.
  • Investment C For each dollar invested at time 2,
    we receive 1.20 at time 3.
  •  
  • At any time, leftover cash may be invested in
    T-bills, which pay 10 per year. At time 0, we
    have 100. At most, 50 can be invested in each
    of investments A, B, and C. Formulate an LP that
    can be used to maximize Fincos cash on hand at
    time 3.
Write a Comment
User Comments (0)
About PowerShow.com