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ABC

The ABC Furniture Company problem focuses on maximizing profit by determining the optimal number of tables and chairs to produce, given constraints on carpentry and painting hours. The optimal solution is found to be producing 30 tables and 40 chairs, resulting in a maximum profit of $4100. The document also explains key concepts of linear optimization, including the objective function, decision variables, constraints, and solution methods.

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Shahzaib Khan
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7 views

ABC

The ABC Furniture Company problem focuses on maximizing profit by determining the optimal number of tables and chairs to produce, given constraints on carpentry and painting hours. The optimal solution is found to be producing 30 tables and 40 chairs, resulting in a maximum profit of $4100. The document also explains key concepts of linear optimization, including the objective function, decision variables, constraints, and solution methods.

Uploaded by

Shahzaib Khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Let’s break down the ABC Furniture Company Problem in detail and find the optimal

solution using graphical methods. We'll ensure every step is clearly explained, and the
graphical solution will determine the best combination of tables and chairs for maximum
profit.

Problem Details

1. Objective: Maximize profit by deciding how many tables (TT) and chairs (CC) to produce.
2. Profit per unit:
o Table: $70
o Chair: $50
3. Available resources:
o Carpentry hours: 240
o Painting and varnishing hours: 100
4. Time required per unit:
o Carpentry: 4 hours per table, 3 hours per chair
o Painting/Varnishing: 2 hours per table, 1 hour per chair

Step 1: Formulate the Problem

Decision Variables

• TT: Number of tables produced


• CC: Number of chairs produced

Objective Function

Maximize profit:

Z=70T+50CZ = 70T + 50C

Constraints

1. Carpentry hours:

4T+3C≤2404T + 3C \leq 240

2. Painting and varnishing hours:

2T+1C≤1002T + 1C \leq 100

3. Non-negativity constraints:

T≥0,C≥0T \geq 0, \quad C \geq 0


Step 2: Graph the Constraints

We will now plot the constraints on a graph:

1. Convert each constraint into an equation by replacing the inequality with equality:
o 4T+3C=2404T + 3C = 240
o 2T+C=1002T + C = 100
2. Solve for intercepts to graph these lines:
o For 4T+3C=2404T + 3C = 240:
▪ When T=0T = 0, C=80C = 80
▪ When C=0C = 0, T=60T = 60
o For 2T+C=1002T + C = 100:
▪ When T=0T = 0, C=100C = 100
▪ When C=0C = 0, T=50T = 50
3. Plot these lines and shade the feasible region where both constraints are satisfied.

Step 3: Identify the Corner Points

The feasible region is bounded by the constraint lines and axes. The corner points are:

1. Intersection of T=0T = 0 and 2T+C=1002T + C = 100: (0,100)(0, 100)


2. Intersection of C=0C = 0 and 4T+3C=2404T + 3C = 240: (60,0)(60, 0)
3. Intersection of 4T+3C=2404T + 3C = 240 and 2T+C=1002T + C = 100: Solve these equations
simultaneously:
o Multiply 2T+C=1002T + C = 100 by −3-3: −6T−3C=−300-6T - 3C = -300
o Add to 4T+3C=2404T + 3C = 240: −2T=−60⇒T=30-2T = -60 \Rightarrow T = 30
o Substitute T=30T = 30 into 2T+C=1002T + C = 100: 2(30)+C=100⇒C=402(30) + C =
100 \Rightarrow C = 40
o Corner point: (30,40)(30, 40)

Step 4: Calculate the Objective Function at Each Corner Point

Evaluate Z=70T+50CZ = 70T + 50C for each corner point:

1. (0,100)(0, 100): Z=70(0)+50(100)=5000Z = 70(0) + 50(100) = 5000


2. (60,0)(60, 0): Z=70(60)+50(0)=4200Z = 70(60) + 50(0) = 4200
3. (30,40)(30, 40): Z=70(30)+50(40)=2100+2000=4100Z = 70(30) + 50(40) = 2100 + 2000 = 4100

Step 5: Optimal Solution

• The maximum profit occurs at (30,40)(30, 40), producing 30 tables and 40 chairs, with a
profit of $4100.
Graphical Representation

I will now plot the constraints and feasible region to visually confirm the solution. Let me
generate the graph for you.

The graph above visually represents the ABC Furniture problem:

1. Blue Line: Represents the carpentry constraint (4T+3C=2404T + 3C = 240).


2. Green Line: Represents the painting constraint (2T+C=1002T + C = 100).
3. Feasible Region: The shaded gray area is where all constraints are satisfied.
4. Corner Points: The red dots are the corner points of the feasible region:
o (0, 100)
o (30, 40)
o (60, 0)
5. Optimal Solution: The golden dot at (30,40)(30, 40) indicates the optimal solution, yielding
the maximum profit of $4100.

Let me know if you'd like further clarification or analysis!

Here’s a comprehensive explanation of the linear optimization models and their key concepts
covered in the provided document:

1. Introduction to Linear Optimization

Linear optimization (or Linear Programming, LP) is a mathematical modeling technique used
to allocate limited resources efficiently to achieve a specific objective. It is widely applied in
decision-making and resource allocation problems in various industries.

2. Key Components of LP

• Objective Function: A mathematical expression representing the goal to be


maximized (e.g., profit) or minimized (e.g., cost). Example: Z=70T+50CZ = 70T +
50C, where TT and CC are decision variables.
• Decision Variables: Variables representing choices that can be controlled to
influence the outcome. Example: TT = tables produced, CC = chairs produced.
• Constraints: Limitations or restrictions on resources, expressed as linear inequalities.
Example:

4T+3C≤240(Carpentry hours available)4T + 3C \leq 240 \quad (\text{Carpentry hours


available}) 2T+1C≤100(Painting hours available)2T + 1C \leq 100 \quad (\text{Painting hours
available})

• Feasible Region: The area on a graph where all constraints overlap, representing
possible solutions that satisfy all conditions.
3. Problem Examples

Diet Problem

• Objective: Minimize food costs while meeting daily nutrient requirements.


• Decision Variables: Units of wheat (XX) and rice (YY).
• Constraints:
o Carbs: 5X+7Y≥205X + 7Y \geq 20
o Proteins: 4X+2Y≥154X + 2Y \geq 15
o Vitamins: 2X+Y≥32X + Y \geq 3

Production Problem

ABC Furniture Company

• Objective: Maximize profit from producing tables and chairs.


• Constraints:
o Carpentry hours: 4T+3C≤2404T + 3C \leq 240
o Painting hours: 2T+1C≤1002T + 1C \leq 100

4. Solution Methods

Graphical Solution

• Works for two decision variables (TT, CC).


• Steps:
1. Graph each constraint as a line.
2. Identify the feasible region where all constraints overlap.
3. Use either of the following methods to find the optimal solution:

a. Isoprofit Line Method

1. Graph the objective function (e.g., Z=70T+50CZ = 70T + 50C).


2. Move the line outward while staying within the feasible region.
3. The last point the line touches is the optimal solution.

b. Corner Point Method

1. Identify the corner points of the feasible region.


2. Calculate the objective function value (ZZ) at each corner.
3. Choose the point with the highest (or lowest, depending on the goal) value.

5. Summary of Methods

• Isoprofit Line Method: Graph constraints and find the optimal solution by moving the
objective function line.
• Corner Point Method: Calculate and compare values at each corner point of the feasible
region.

6. Practical Applications

1. Diet Optimization: Minimize food costs while meeting nutrient requirements.


2. Production Planning: Maximize output or minimize costs while considering resource
constraints.
3. Investment Portfolio: Maximize return on investment while adhering to risk constraints.
4. Logistics Optimization: Minimize transportation costs while meeting customer demands.

Let me know if you’d like further breakdowns or examples!

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