SLIDE 3 MAT 141, Chapter 4 3
Bicycles
Example: A manufacturer of bicycles builds racing, touring, and mountain models. The bicycles are made of both aluminum and steel. The company has available 91,800 units of steel and 42,000 units of
- aluminum. The racing, touring, and mountain models need 17, 27,
and 34 units of steel, and 12, 21, and 15 units of aluminum,
- respectively. How many of each type of bicycle should be made in
- rder to maximize profit if the company makes $8 per racing bike,
$12 per touring bike, and $22 per mountain bike? What is the maximum possible profit? (a) Write the objective function using subscripted variables. (b) Write the constraints as inequalities and turn them into equalities by including slack variables. (c) Take these equalities and the objective function and include them in a simplex tableau.
Bicycles
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The Pivot Method
- How do we take the simplex tableau and find a solution?
▫ We use Gauss-Jordan to pivot about elements. ▫ Pivot about the highlighted variable.
1 1 1 100 10 4 7 1 500 120 40 60 1
1 1 1 100 1 2 5
50 120 40 60 1
120
⁄ 1 1 10
1 2 5
50 8 24 12 1 6000
You have zeros above and
complete.
The Pivot Method
- Read the solution from the result?
- This tells us that with 50 and 50 we have a maximum
profit of $6000.
- This means we should plant 50 acres of potatoes, no corn, and no
cabbage.
▫ Thus, we end up leaving 50 acres unplanted (represented by the slack variable). It seems weird but it is actually optimal. Check it out.
⁄ 1 1 10
1 2 5
50 8 24 12 1 6000
Acres Cost Profit 40 $16,000 $4,800 $4,000 Left 50 $20,000 $6,000 60 $24,000 $7,200 Out of Money 1 1 1