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Optimization of Loan and Production Variables

This document contains information about a linear programming problem with decision variables and constraints. It includes 7 decision variables (x1-x7), their current values, unit profits for each, and 7 constraints defining the relationships between the variables. The objective is to maximize total profit.

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praveen raj
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0% found this document useful (0 votes)
11 views9 pages

Optimization of Loan and Production Variables

This document contains information about a linear programming problem with decision variables and constraints. It includes 7 decision variables (x1-x7), their current values, unit profits for each, and 7 constraints defining the relationships between the variables. The objective is to maximize total profit.

Uploaded by

praveen raj
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Decision Variable

x1 x2 x3 x4 x5
0 3.2399999928 0.8100000031 0 0.4500000045

Unit profit 0.11 0.12 0.15 0.13 0.17

Constraints
1 1 1 1 1 -4
2 0.2 0.2 -0.8 -0.8 0
3 0.3
4
5
6 0.1 0.1 0.1 0.1 -0.9
7 1 1 1 1 1

Objective Function
Secured Loans
x6 x7 Residential mortgage
0 0.5
Commercial mortgage

0.1 0.09 Automobile

Home Improvement
Available Budget
-4 2.25 >= 0 Unsecured Loans
0 -3.92E-09 >= 0 Vacation
-0.7 0.135 >= 0
1 0.5 >= 0.5 Student
1 0.5 <= 1
0.1 -4.42E-09 >= 0
1 1 5 <= 5 Government Securities

631800.000367
Secured Loans
Residential mortgage �1

Commercial mortgage �2

Automobile �3

Home Improvement �4

Unsecured Loans
�5

�6

Government Securities �7
Decision Variable
x1 x2 x3 x4 x5
0 50 0 0 0

Unit profit 10 0 8 12 2

Constraints
1 1 1
2 1 2 1
3 1
4 1 1 1 1 1

Objective Function
x6 x7
276 0 �1

0 4
�2

Available Budget
1 2 276 >= 276
100 >= 100 �3
1 276 >= 250
1 1 326 <= 350

0
�5

�6

�7
Number of 20
foot wood cut in combination 1

Number of 20
foot wood cut in combination 2

Number of 20

foot wood cut in combination 3

Number of 20
foot wood cut in combination 5

Number of 20
foot wood cut in combination 6

Number of 20
foot wood cut in combination 7
Decision Variable
x1 x2 x3 x4 x5 x6 y1 y2 y3
1500 2000 2200 3000 1900 0 900 1400 1800

Total Cost 20 25 30 40 50 60 2 2 2

Constraints
1 1 -1
2 1 1 -1
3 1 1 -1
4 1 1
5 1
6 1
7
8 1
9 1
10 1
11 1
12 1
13 1

Objective Function 381800


y4 y5 y6
3200 2800 300
xi= Production in i th period
yi= Inventory at the end of i th per
2 2 2

600 = 600
1500 = 1500
1800 = 1800
-1 1600 = 1600
1 -1 2300 = 2300
1 -1 2500 = 2500
1 300 >= 300
1500 <= 1500
2000 <= 2000
2200 <= 2200
3000 <= 3000
1900 <= 2700
0 <= 2500
Production in i th period
Inventory at the end of i th period

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