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Formulate the following problems as linear optimization models. Where appropriate, it may be useful to number the commodities and then use subscripted variables. In some
Formulate the following problems as linear optimization models. Where appropriate,
it may be useful to number the commodities and then use subscripted variables.
In some cases no specific objective is named; it is up to the reader to come
up with an appropriate objective.
Each problem could be interpreted as having three parts:
a Define the variables and give the algebraic model.
b Make a model in LINGO or the Excel Solver and find the solution.
c Give a recommendation in words to management.
Check with your professor about what is required for these problems. In addition
to doing all three parts, some alternatives might be to provide the only the algebraic
model, or to omit the algebraic model but with a definition of the variables
included in the LINGO or Excel Solver model.
A company blends two gasolines from Avalon Fuels and Bonavista Petrol
inputs into two commercial products, Extra and Regular gasoline outputs
For the inputs, the octane ratings, the vapour pressures in kilopascals,
and the amounts available in cubic metres m and their prices are known.
These are:
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