Premium Essay

Simplex Method for Paint

In: Science

Submitted By jeff00128
Words 362
Pages 2
Simplex method for the Paint Company
MAT/205 Finite Mathematics
December, 20, 2011

The world of economics for a business can be a challenging area for the owners and operators to keep control of. The process of balancing cost of production to the profit of the item has to be constantly balanced. There are methods that can help a business owner to make the balancing process easier. The simplex method is an algebraic method that can help an individual solve a problem that can have large amounts of variables and problem constraints, and the method also puts inequalities in a format that is usable by computers (Raymond A. Barnett, Michael R. Ziegler, and Karl E. Byleen, 2011). A paint company uses the simplex method to help determine the amount of paint that needs to be produced while keeping cost at a minimum and maximizing profit. The simplex method will be broken down to allow for thorough understanding of the process with the results displayed for the business. The benefits of the method will be discussed so the paint company can utilize the information. A paint company has two plants that produce paint and primer. The A plant produces 20 gallons of paint and 10 gallons of primer per hour. The B plant produces 5 gallons of paint and 25 gallons of primer per hour. The C plant produces 15 gallons of paint and 15 gallons of primer per hour. The price of operating A plant is $80 per hour, the price to operate B plant is $70 per hour, and C plant costs $75 per hour to operate. The company needs to figure out how many hours would each plant need to operate to produce at least 250 gallons of paint and 275 gallons of primer each day. The minimum cost of production also needs to be addressed as a variable. The simplex method is a tool that will help to analyze the data and determine the answers that are desired.
The objective function...

Similar Documents

Premium Essay

Liniear Programming

...maximization and minimization linear programming problems using the graphical method of solution. • solve maximization linear programming problems using the simplex method. • construct the Dual of a linear programming problem. • solve minimization linear programming problems by maximizing their Dual. 0.1.2 Introduction One of the major applications of linear algebra involving systems of linear equations is in finding the maximum or minimum of some quantity, such as profit or cost. In mathematics the process of finding an extreme value (maximum or minimum) of a quantity (normally called a function) is known as optimization . Linear programming (LP) is a branch of Mathematics which deals with modeling a decision problem and subsequently solving it by mathematical techniques. The problem is presented in a form of a linear function which is to be optimized (i.e maximized or minimized) subject to a set of linear constraints. The function to be optimized is known as the objective function . Linear programming finds many uses in the business and industry, where a decision maker may want to utilize limited available resources in the best possible manner. The limited resources may include material, money, manpower, space and time. Linear Programming provides various methods of solving such problems. In this unit, we present the basic concepts of linear programming problems, their formulation and methods of solution. 0.1.3 Formulation of linear programming......

Words: 10505 - Pages: 43

Premium Essay

Principles of Accounting Ii Exam 1 -2010 Version

...Principles of Accounting II Exam 1 -2010 Version 1-16. Decentralization refers to:  A. reporting for the company as a whole. B. focusing reporting on parts of the company. C. the delegation of decision-making authority throughout an organization. D. differences in organizations. 2-21. Dorra Corporation manufactures lawnmowers in five work stations. Dorra's weekly demand is 5,000 mowers but Dorra can only produce 4,200. According to the theory of constraints, to increase production output Dorra would benefit the most by concentrating improvement efforts on the:  A. first work station. B. last work station. C. largest work station. D. fastest work station. E. slowest work station.  3-23. One of the steps in the lean thinking model is to organize work arrangements around the flow of the business process. This is often accomplished by:  A. automating the business process. B. implementing an enterprise system. C. instituting a six sigma program. D. creating a manufacturing cell. 4-18. Managerial accounting:  A. has its primary emphasis on the future. B. is required by regulatory bodies such as the SEC. C. focuses on the organization as a whole, rather than on the organization's segments. D. Responses a, b, and c are all correct. 5-20. Which of the following IS a characteristic of financial accounting?  A. not mandatory B. must follow GAAP C. emphasis on relevance of data, rather than precision D. both A and C above 6-21. The corporate......

Words: 2941 - Pages: 12

Premium Essay

Accounting Me

...Principles of Accounting II Exam 1 -2010 Version 1-16. Decentralization refers to:  A. reporting for the company as a whole. B. focusing reporting on parts of the company. C. the delegation of decision-making authority throughout an organization. D. differences in organizations. 2-21. Dorra Corporation manufactures lawnmowers in five work stations. Dorra's weekly demand is 5,000 mowers but Dorra can only produce 4,200. According to the theory of constraints, to increase production output Dorra would benefit the most by concentrating improvement efforts on the:  A. first work station. B. last work station. C. largest work station. D. fastest work station. E. slowest work station.  3-23. One of the steps in the lean thinking model is to organize work arrangements around the flow of the business process. This is often accomplished by:  A. automating the business process. B. implementing an enterprise system. C. instituting a six sigma program. D. creating a manufacturing cell. 4-18. Managerial accounting:  A. has its primary emphasis on the future. B. is required by regulatory bodies such as the SEC. C. focuses on the organization as a whole, rather than on the organization's segments. D. Responses a, b, and c are all correct. 5-20. Which of the following IS a characteristic of financial accounting?  A. not mandatory B. must follow GAAP C. emphasis on relevance of data, rather than precision D. both A and C above 6-21. The corporate......

Words: 2941 - Pages: 12

Premium Essay

Design of Modern Hueristics

...Natural Computing Series Series Editors: G. Rozenberg Th. Bäck A.E. Eiben J.N. Kok H.P. Spaink Leiden Center for Natural Computing Advisory Board: S. Amari G. Brassard K.A. De Jong C.C.A.M. Gielen T. Head L. Kari L. Landweber T. Martinetz Z. Michalewicz M.C. Mozer E. Oja G. P˘ un J. Reif H. Rubin A. Salomaa M. Schoenauer H.-P. Schwefel C. Torras a D. Whitley E. Winfree J.M. Zurada For further volumes: www.springer.com/series/4190 Franz Rothlauf Design of Modern Heuristics Principles and Application Prof. Dr. Franz Rothlauf Chair of Information Systems and Business Administration Johannes Gutenberg Universität Mainz Gutenberg School of Management and Economics Jakob-Welder-Weg 9 55099 Mainz Germany rothlauf@uni-mainz.de Series Editors G. Rozenberg (Managing Editor) rozenber@liacs.nl Th. Bäck, J.N. Kok, H.P. Spaink Leiden Center for Natural Computing Leiden University Niels Bohrweg 1 2333 CA Leiden, The Netherlands A.E. Eiben Vrije Universiteit Amsterdam The Netherlands ISSN 1619-7127 Natural Computing Series ISBN 978-3-540-72961-7 e-ISBN 978-3-540-72962-4 DOI 10.1007/978-3-540-72962-4 Springer Heidelberg Dordrecht London New York Library of Congress Control Number: 2011934137 ACM Computing Classification (1998): I.2.8, G.1.6, H.4.2 © Springer-Verlag Berlin Heidelberg 2011 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of......

Words: 114592 - Pages: 459

Free Essay

Gollabhama

...Gollabhama is an intricate and laborious form of artwork done on saris. It is one of the Prides of Telanga state. Gollabhama is a old art of 50 years.It is well known for the weaver’s most favorite motif “The Milk Maid” a lady carrying the milk pot. Each motif is much thought fully placed according to the design layout of the sari. A typical cotton sari is in white color with various bright colored motives. Later gollabhama started to weave a beauty and profit trough silk saris. Silk gollabhama came in vivid eye-catching colors though the motives were still the same. Process of making gollabhama saris Preparation of Koramaal or the yarn Mixing: This is the process of mixing same or different categories of fibers to get desired properties and cost effectiveness. Mixing is done after the study of essential properties of fiber like staple length, tensile strength, fitness, uniformity etc. Blow room: In this process the cleaning and opening of the cotton is done by beaters and openers. The foreign materials like dust particles, seeds of cotton and other impurities are particularly removed in this process. The cotton tufts are opened and cleaned in this process and the cotton is made out. Carding: Carding is the heart of spinning in this process the minute impurities like small seed particles, immature fibers etc are removed. The straightening and aligning of fibers are done in this process. In carding the blow room lap is attenuated to the card......

Words: 3031 - Pages: 13

Free Essay

Management

...Op"erations Research This page intentionally left blank Copyright © 2007, 2005 New Age International (P) Ltd., Publishers Published by New Age International (P) Ltd., Publishers All rights reserved. No part of this ebook may be reproduced in any form, by photostat, microfilm, xerography, or any other means, or incorporated into any information retrieval system, electronic or mechanical, without the written permission of the publisher. All inquiries should be emailed to rights@newagepublishers.com ISBN (13) : 978-81-224-2944-2 PUBLISHING FOR ONE WORLD NEW AGE INTERNATIONAL (P) LIMITED, PUBLISHERS 4835/24, Ansari Road, Daryaganj, New Delhi - 110002 Visit us at www.newagepublishers.com PREFACE I started my teaching career in the year 1964. I was teaching Production Engineering subjects till 1972. In the year 1972 I have registered my name for the Industrial Engineering examination at National Institution of Industrial Engineering, Bombay. Since then, I have shifted my field for interest to Industrial Engineering subjects and started teaching related subjects. One such subject is OPERATIONS RESEARCH. After teaching these subjects till my retirement in the year 2002, it is my responsibility to help the students with a book on Operations research. The first volume of the book is LINEAR PORGRAMMING MODELS. This was published in the year 2003. Now I am giving this book OPERATIONS RESEARCH, with other chapters to students, with a hope that it will help them to......

Words: 242596 - Pages: 971

Free Essay

Cost Acounting

...day to day basis and it is necessary for them to be able to analyze the data so as to be able to make optimal decisions. This module has ten lesson which cover matrix algebra, markov analysis, Linear programming, differentiation, applications of differentiation to cost, revenue and profit functions, integral calculus, inventory models, sampling and estimation theory, hypothesis testing and chi-square tests. iii MODULE OBJECTIVES By the end of the course, the student should be able to:- 1. Perform various operations on matrices matrix algebra, 2. Apply the concept of matrices in solving simultaneous equations, input-output analysis and markov analysis, 3. Formulate and solve Linear programming using the graphical and simplex method 4. Differentiate various functions and apply to cost, revenue and profit functions 5. Apply...

Words: 36888 - Pages: 148

Free Essay

Electronic Commerce

...E-COMMERCE – IT430 VU Lesson 01 Course outline E-COMMERCE E-Commerce and its types, Internet and WWW Basics, Internet standards and protocols, IP addressing, Data communication on internet, Domain name system Networking devices – Bridges, Switches, Routers etc., Role of ISP’s on Internet, Getting Domain name and IP addresses, Understanding electronic mail Markup languages and the Web, Web designing using HTML, CSS and Java Scripting Client side & server side processing, Cookies, Maintaining state in a stateless environment, two tier/ntier architecture Security issues on the internet, Firewalls, Proxy Server, Virtual Private Network Cryptography and Public key infrastructure (PKI), Certification Authorities and Digital Certificates, Digital signatures Technology Electronic Payment Systems – Virtual Pin payment system, Centralized account system, Electronic Check, E-Cash, SSL and SET based payment systems E-business– advantages/disadvantages, Paper and electronic catalogues Electronic Data Interchange (EDI) E-business models Internet marketing Data mining and knowledge discovery Process, OLAP, Types and business application of data mining E-business strategy, supply chain/value chain analysis and Porter’s model, role of e-commerce in competitive strategy E-banking, ERP Legal/policy issues in e-commerce –salient features of Electronic Transactions Ordinance, 2002 in Pakistan Territorial jurisdiction and conflict of laws, online contracts, online defamation, Copyright in...

Words: 9120 - Pages: 37

Free Essay

Vivek

...DETAILED SYLLABUS POST GRADUATE DIPLOMA IN COMPUTER APPLICATIONS (PGDCA) (EFFECTIVE FROM JULY 2011) Department of Computer Applications Makhanlal Chaturvedi Rashtriya Patrakarita Evam Sanchar Vishwavidyalaya B-38, Press Complex, M.P. Nagar, Zone-I, Bhopal Ph.: 4294448, 2768274 www.mcu.ac.in SCHEME FOR POST GRADUATE DIPLOMA IN COMPUTER APPLICATIONS (PGDCA) (Effective From July 2011 Session) SEMESTER -I Subject Code Subject Name Scheme L 1PGDCA1 1PGDCA2 1PGDCA3 1PGDCA4(A) 1PGDCA4(B) Fundamentals of Computers & Information Technology Introduction to Operating Systems (Dos, Windows, Linux) PC Packages Elective - 1 Foxpro MS-Access 4 4 1 3 T P Theory Paper 80 80 Internal Evaluation 20 20 Practical Exams Total Marks 100 100 4 4 1 3 3 80 80 20 20 25 25 125 125 Semester Total 450 (*L-Lecture, T-Tutorial, P-Practical) SEMESTER –II Subject Code Subject Name Scheme L 2PGDCA1 2PGDCA2 2PGDCA3 2PGDCA4(A) 2PGDCA4(B) 2PGDCA5 System Analysis and Design Programming with Visual Basic.NET Internet & E-Commerce Elective - 2 OOPs & Programming with C++ Financial Accounting with Tally Project Work 4 4 4 4 T 1 P 3 3 3 Theory Paper 80 80 80 80 Internal Evaluation 20 20 20 20 Practical Exams Total Marks 100 125 100 125 25 1 25 4 100 Semester Total 550 General Instructions: 1. For passing the subject examination minimum 40% marks must be separately scored in Theory Paper, Practical Exams and Internal Evaluation in the subject. 2. For...

Words: 4021 - Pages: 17

Free Essay

Syllabus

... | | | | | |Theory |Sessional* | | |MCA-101 |Computer Fundamentals and Problem Solving Using C |3 Hours |80 |20 |100 | |MCA-102 |Computer Organisation |3 Hours |80 |20 |100 | |MCA-103 |Discrete Mathematical Structures |3 Hours |80 |20 |100 | |MCA-104 |Software Engineering |3 Hours |80 |20 |100 | |MCA-105 |Computer Oriented Numerical and Statistical Methods |3 Hours |80 |20 |100 | |MCA-106 |Software Laboratory - I |3 Hours | | |100 | | |C (Based on MCA-101) | | | | | |MCA-107 |Software Laboratory – II |3 Hours | | |100 | | |C (Based on MCA-105) | | | | | |MCA-108 |Seminar...

Words: 13848 - Pages: 56

Free Essay

Comp Txt

...1 2 Acknowledgements p.1 tr ©iStockphoto.com/Dennys Bisogno, etc t = top, b = bottom, l = left, r = right, c = centre Computer hardware and software brand names mentioned in this book are protected by their respective trademarks and are acknowledged. Scratch is developed by the Lifelong Kindergarten Group at the MIT Media Lab. See http://scratch.mit.edu Every effort has been made to trace all copyright holders, but if any have been inadvertently overlooked the publishers will be pleased to make the necessary arrangements at the first opportunity. Although every effort has been made to ensure that website addresses are correct at time of going to press, Hodder Education cannot be held responsible for the content of any website mentioned in this book. It is sometimes possible to find a relocated web page by typing in the address of the home page for a website in the URL window of your browser. Photo credits p.1 © peno – Fotolia; p.15 © Dmitrydesigner/Fotolia; p.16 ©iStockphoto.com/Karl Yamashita; p.57 © Romanchuck – Fotolia; p.58 t © C Squared Studios/Photodisc/Getty Images, m ©Dmitriy Melnikov - Fotolia.com, b © Popova Olga/Fotolia; p.59 © picsfive – Fotolia; p.65 © Manfred Schmidt – Fotolia.com; p.67 © dja65 – Fotolia; p.68 © Konstantin Shevtsov – Fotolia; p.69 t © Miguel Navarro/Stone/Getty Images, b © Piero Cruciatti/Alamy; p.73 © Jamdesign/Fotolia; p.78 and 79 © adisa – Fotolia; p.81 © Mykola Mazuryk – Fotolia; p.82 t ©......

Words: 49691 - Pages: 199

Premium Essay

Gate

...ate Aptitude Test in Engineering GATE 2014 Brochure Table of Contents 1. Introduction .............................................................................................................1 2. About GATE 2014 ......................................................................................................1 2.1. Financial Assistance ............................................................................................................................ 1 2.2 Employment ............................................................................................................................................ 2 2.3 Administration ....................................................................................................................................... 2 3.1 Changes Introduced in GATE 2013 that will continue to remain in force for GATE 2014 .......................................................................................................................................................... 3 4.1 Eligibility for GATE 2014 ................................................................................................................... 4 4.2 GATE Papers ............................................................................................................................................ 5 4.3 Zone-Wise List of Cities in which GATE 2014 will be Held ................................................... 6 4.4 Zone-Wise List of Cities for 3rd...

Words: 32784 - Pages: 132

Premium Essay

Gsl Scientific Library

...GNU Scientific Library Reference Manual Edition 1.14, for GSL Version 1.14 4 March 2010 Mark Galassi Los Alamos National Laboratory Jim Davies Department of Computer Science, Georgia Institute of Technology James Theiler Astrophysics and Radiation Measurements Group, Los Alamos National Laboratory Brian Gough Network Theory Limited Gerard Jungman Theoretical Astrophysics Group, Los Alamos National Laboratory Patrick Alken Department of Physics, University of Colorado at Boulder Michael Booth Department of Physics and Astronomy, The Johns Hopkins University Fabrice Rossi University of Paris-Dauphine Copyright c 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010 The GSL Team. Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.3 or any later version published by the Free Software Foundation; with the Invariant Sections being “GNU General Public License” and “Free Software Needs Free Documentation”, the Front-Cover text being “A GNU Manual”, and with the Back-Cover Text being (a) (see below). A copy of the license is included in the section entitled “GNU Free Documentation License”. (a) The Back-Cover Text is: “You have the freedom to copy and modify this GNU Manual.” Printed copies of this manual can be purchased from Network Theory Ltd at http://www.network-theory.co.uk/gsl/manual/. The money raised from sales of the......

Words: 148402 - Pages: 594

Premium Essay

Electrical Electronics

...UNIVERSITY OF KERALA B. TECH DEGREE COURSE 2008 SCHEME ELECTRICAL AND ELECTRONICS ENGINEERING I to VIII SEMESTER SCHEME AND SYLLABUS BOARD OF STUDIES IN ENGINEERING AND FACULTY OF ENGINEERING AND TECHNOLOGY UNIVERSITY OF KERALA B.Tech Degree Course – 2008 Scheme REGULATIONS 1. Conditions for Admission Candidates for admission to the B.Tech degree course shall be required to have passed the Higher Secondary Examination, Kerala or 12th Standard V.H.S.E., C.B.S.E., I.S.C. or any examination accepted by the university as equivalent thereto obtaining not less than 50% in Mathematics and 50% in Mathematics, Physics and Chemistry/ Bio- technology/ Computer Science/ Biology put together, or a diploma in Engineering awarded by the Board of Technical Education, Kerala or an examination recognized as equivalent thereto after undergoing an institutional course of at least three years securing a minimum of 50 % marks in the final diploma examination subject to the usual concessions allowed for backward classes and other communities as specified from time to time. 2. Duration of the course i) The course for the B.Tech Degree shall extend over a period of four academic years comprising of eight semesters. The first and second semester shall be combined and each semester from third semester onwards shall cover the groups of subjects as given in the curriculum and scheme of examination ii) Each semester shall ordinarily comprise of not less than 400 working periods each of 60......

Words: 36386 - Pages: 146

Free Essay

Nit-Silchar B.Tech Syllabus

...NATIONAL INSTITUTE OF TECHNOLOGY SILCHAR Bachelor of Technology Programmes amï´>r¶ JH$s g§ñWmZ, m¡Úmo{ à VO o pñ Vw dZ m dY r V ‘ ñ Syllabi and Regulations for Undergraduate PROGRAMME OF STUDY (wef 2012 entry batch) Ma {gb Course Structure for B.Tech (4years, 8 Semester Course) Civil Engineering ( to be applicable from 2012 entry batch onwards) Course No CH-1101 /PH-1101 EE-1101 MA-1101 CE-1101 HS-1101 CH-1111 /PH-1111 ME-1111 Course Name Semester-1 Chemistry/Physics Basic Electrical Engineering Mathematics-I Engineering Graphics Communication Skills Chemistry/Physics Laboratory Workshop Physical Training-I NCC/NSO/NSS L 3 3 3 1 3 0 0 0 0 13 T 1 0 1 0 0 0 0 0 0 2 1 1 1 1 0 0 0 0 4 1 1 0 0 0 0 0 0 2 0 0 0 0 P 0 0 0 3 0 2 3 2 2 8 0 0 0 0 0 2 2 2 2 0 0 0 0 0 2 2 2 6 0 0 8 2 C 8 6 8 5 6 2 3 0 0 38 8 8 8 8 6 2 0 0 40 8 8 6 6 6 2 2 2 40 6 6 8 2 Course No EC-1101 CS-1101 MA-1102 ME-1101 PH-1101/ CH-1101 CS-1111 EE-1111 PH-1111/ CH-1111 Course Name Semester-2 Basic Electronics Introduction to Computing Mathematics-II Engineering Mechanics Physics/Chemistry Computing Laboratory Electrical Science Laboratory Physics/Chemistry Laboratory Physical Training –II NCC/NSO/NSS Semester-4 Structural Analysis-I Hydraulics Environmental Engg-I Structural Design-I Managerial Economics Engg. Geology Laboratory Hydraulics Laboratory Physical Training-IV NCC/NSO/NSS Semester-6 Structural Design-II Structural Analysis-III Foundation Engineering Transportation Engineering-II Hydrology......

Words: 126345 - Pages: 506