SOLUTION: a) Describe the limitations of linear programming technique. b) XYZ Company ltd has two bottling plants, one located at Mombasa and the other at Voi. Each plant produces three dri

Algebra ->  Finance -> SOLUTION: a) Describe the limitations of linear programming technique. b) XYZ Company ltd has two bottling plants, one located at Mombasa and the other at Voi. Each plant produces three dri      Log On


   



Question 1142329: a) Describe the limitations of linear programming technique.
b) XYZ Company ltd has two bottling plants, one located at Mombasa and the other at Voi. Each plant produces three drinks, A, B and C. The number of bottles produced per day are as follows:
PLANT AT
Mombassa Voi
(M) (V)
Drink A 1500 1500
Drink B 3000 1000
Drink C 2000 5000
A market survey indicates that during the month of December 2010, there will be a demand of 20000 bottles of A, 40000 bottles of B and 44000 bottles of C. The operating costs per day for plants at Mombassa and Voi are 600 and 400 monetary units respectively. For how many days should each plant be run in the month of December so as to minimize the production cost, while still meeting the market demand?

Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
using the simplex tool at zweigmedia, your optimal solution is shown below.

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this is confirmed by use of excel solver as shown below.

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limitations of linear programming are a little more complex so i went to the web for some answers.

this is some of what i found.

https://bizfluent.com/info-8717868-limitations-advantages-linear-programming.html

http://www.edurite.com/kbase/advantages-and-disadvantages-of-linear-programming

http://www.yourarticlelibrary.com/linear-programming/limitations-of-linear-programming-managerial-economics/28949