Q. An oil company required , and barrels of high grade, medium grade and low grade oil respectively. Refinery produces and barrels per day of high grade, medium grade and low grade oil respectively. While, refinery produces and barrels per day of high grade, medium grade and low grade oil respectively. If refinery costs Rs per day and refinery costs Rs per day to operate, then the days should each be run to minimize costs, while satisfying requirements are

 1292  199 Bihar CECEBihar CECE 2010 Report Error

Solution:

The given data may be put in the following tobular form
Refinery High grade Medium grade Low grade Cost per day
A 100 300 200 Rs 400
B 200 400 100 Rs 300
Minimum requirement 12000 20000 15000

Suppose, refineries A and B should run for and days respectively to minimize the total cost. The mathematical form of the above is
Minimize
Subject to


and
The feasible region of the above LPP is represented by the shaded region in the given figure. The comer points of the feasible region are and The value of the objective function at these points are given in the table.
image
Point
48000
33000
45000

Clearly, Z is minimum when . Hence, the machine A should run for 60 days and machine B should run for 30 days to minimize the cost, while satisfying the constraints.