What is LINEAR PROGRAMMING?
Following table gives the data on resources available and the resources needed for assembling 2 products A and B. Product
A fetches a profit of Rs. 5 and product B Rs. 4. What will be the product mix for maximum profit and how much is this profit? (You may solve this problem either graphically or analytically, after formulating the objective function and the constraint equations.)
Resource
|
Amount of resource
needed to produce
one unit of product
(hours)
|
Total time
resource
available
(hours)
|
A
|
B
|
|
Sub
assembly
labour
|
0.40
|
0.50
|
316
|
Assembly
labour
|
0.50
|
0.30
|
354
|
Inspectors
|
0.05
|
0.10
|
62
|