- Tardigrade
- Question
- Mathematics
- Let x and y are the number of tables and chairs respectively, on which a furniture dealer wants to make profit for the constraints text Maximise Z=250 x+75 y 5 x+y ≤ 100 x+y ≤ 60 x ≥ 0 y ≥ 0 Consider the following graph <img class=img-fluid question-image alt=image src=https://cdn.tardigrade.in/img/question/mathematics/3b4c21c5cb7c8ce4601760636ed2e32c-.png /> Then, the maximum profit to the dealer results from buying
Q.
Let and are the number of tables and chairs respectively, on which a furniture dealer wants to make profit for the constraints
Consider the following graph
Then, the maximum profit to the dealer results from buying
Solution:
The graph of the given constraints is
The corner points (vertices) of the bounded (feasible) region are and and it is easy to find their coordinates as and . respectively. Let us now compute the values of at these points.
We have,
Vertex of the feasible region
Corresponding value of (in ₹)
0
4500
6250 Maximum
5000
We observe that the maximum profit to the dealer results from the investment strategy , i.e., buying 10 tables and 50 chairs.
This method of solving linear programming problem is referred as corner point method.
Vertex of the feasible region | Corresponding value of (in ₹) |
---|---|
0 | |
4500 | |
6250 Maximum | |
5000 |