SOLUTION: I have no idea how to calculate this. Appreciate the help. Thanks. Solve the following linear programming problem. Minimize: z=5x+30y subject to: 9x+12y≥61

Algebra ->  Finance -> SOLUTION: I have no idea how to calculate this. Appreciate the help. Thanks. Solve the following linear programming problem. Minimize: z=5x+30y subject to: 9x+12y≥61       Log On


   



Question 1102103: I have no idea how to calculate this. Appreciate the help. Thanks.
Solve the following linear programming problem.
Minimize: z=5x+30y
subject to: 9x+12y≥61
8x+4y≥32
x≥​0, y≥0
What is the minimum value of z?

Found 2 solutions by stanbon, ikleyn:
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
I have no idea how to calculate this. Appreciate the help. Thanks.
Solve the following linear programming problem.
Minimize: z=5x+30y
subject to:
9x+12y≥61
8x+4y≥32
x≥​0, y≥0
What is the minimum value of z?
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x >= 0 and y >= 0 means the answers are in the 1st quadrant
Solve the two other inequalities for "y"::
y >= (-3/4)x + (61/12)
y >= (-2)x + 8
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Plot those lines in Quadrant I
The y-intersects are (0,61/12) and (0,8)
The x-intersects are ([(61/12)/(3/4)],0) and (4,0)
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Find the intersection of the two inequalities
(-3/4)x+(61/12) = -2x+8
(5/4)x = 3/4
x = 3/5
Then y = -2(3/5)+8 = 34/5
That vertex is (3/5,34/5)
-----
Find the 4 vertex polygon in Quadrant I including (0,0)
Vertices:: (0,0) ; (0,5) ; (4,0) ; (7/3,10/3)
-----
Check for z in z = 5x+30y for each of the (x,y) pairs
(0,0):: z = 5*0+30*0 = 0
(0,5):: z = 5*0+30*5 = 150
(4,0):: z = 5*4+30*0 = 20
(7/3,10/3):: z = 5(7/3)+30(10/3) = [35+300]/3 = 112 when rounded
-----
Ans:: Minimum z is zero
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Cheers,
Stan H.
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Answer by ikleyn(52787) About Me  (Show Source):
You can put this solution on YOUR website!
.
First inequality 9x + 12y >= 61 is THIS restriction

     y >= %2861-9x%29%2F12.


Second inequality 8x + 4y >= 32 is THIS restriction

    y >= %2832-8x%29%2F4.


Together with the inequalities x >= 0, y >= 0 they form THIS feasibility domain in the first quadrant QI, shown in the Figure below:





Plot y >= %2861-9x%29%2F12 (over the read line) and  y >= %2832-8x%29%2F4 (over the green line)

Feasibility domain is INFINITE AREA in Q1 OVER the both red and green lines.



Feasibility domain has 3 vertices:

    P1 = (0,8)        (y-intercept to green line);

    P2 = (7/3,10/3)   (intersection point of the red and green line);

    P3 = (61/9,0)     (x-intercept to red line).


You should calculate the value of the objective function Z = 5x + 30y  at these three points:

    at  P1:   Z = 5*0      + 30*8       = 240;

    at  P2:   Z = 5*(7/3)  + 30*(10/3)  = 111.667;

    at  P3:   Z = 5*(61/9) + 30*0       = 33.889.


The minimum is achieved at the point P3 = (61/9,0), where x= 61/9, y=0,  and is equal to 305/9 = 33.889 (approximately).

To see other mini-max problems solved by the Linear Programming method, look into the lesson
    - Solving minimax problems by the Linear Programming method
in this site.