Linear Programming Flashcards
How can management science be used for manufacturing?
Calculating how to allocate limited resources to give maximum profit
How can management science be used for transportation?
Minimising the transportation costs for e.g. delivery
How can management science be used for facilities planning?
Where things can be located so they’re in the best position for their use, e.g. where to locate student halls
To predict things organisations make decision based on several other factors but not all of them.. models are..
Simplified versions of the things they represent
The more aspects a model covers, the more:
- Reliable it is
- The closer it is to reality
Why do we use models?
- Less costly
- Can test things that are impossible
- Can give information quicker than real-world time
What is a mathematical model?
A representation of a problem by a system of symbols and quantitative relationships or expressions
In regards to maximising profit production what to these symbols mean: & ?
= for representing the number of bags to be produced
the total profit
In regards to maximising profit production what to these symbols mean: & ?
= the number of bags to be produced
= the total profit
How to work out profit?
P X Q
What are decision variables?
Variables whose values are under our control and influence the performance of the system
What is an objective function?
If the decision maker wants to maximise profit or minimise costs
What are constraints?
Restrictions on the values of the decision variables
In regards to maximising profit production what to these symbols mean: & ?
= the number of bags to be produced
= the total profit
What are constraints?
Restrictions on the values of the decision variables
What are the steps to constructing a linear programming model?
- Identify the decision variables
- Write the objectives
- Write the constraints in terms of decision variables
- Add the non-negativty constraints
e. g. Bag example
1) = number of bags to be produced
2) max = 10 ×
3) 5 × ≤ 40
4) ≥ 0
In regards to maximising profit production what to these symbols mean: & ?
= the number of bags to be produced
= the total profit
What are the steps to constructing a linear programming model?
- Identify the decision variables: how many of something are they making (1 = . More than one = 2)
- Write the objectives: max profit, min costs. Need to write: max P = (? the profit for the thing) x (, 1, 2). If more than one: max P = (?) x 1 + (?) x x2
- Write the constraints in terms of decision variables:
- Add the non-negativty constraints
e. g. Bag example
1) = number of bags to be produced
2) max = 10 ×
3) 5 × ≤ 40
4) ≥ 0
What are the steps to constructing a linear programming model?
- Identify the decision variables:
- X1 = Number of …….
- X2 = Number of ……. - Write the objectives: max profit, min costs?
- max P = (the profit for the thing) x (X1).
- If more than one: z = (?) x X1 + (?) x X2 to maximise - Write the constraints in terms of decision variables:
- (?How long they need in a certain area) x X1
- Repeat the same for other constraints
- Then add them together, and remember to add it needs to be less than the amount of hours available: (?) x 1 + (?) x 2 ≤.
Repeat for all different constraints - Add the non-negativty constraints
Whatever it is ≥0
Have to do this for each :
1 ≥ 0
2 ≥ 0