14. A pharmaceutical company has 100 kg of material A, 180 kg of material Band 120 kg...
Question:
14. A pharmaceutical company has 100 kg of material A, 180 kg of material Band 120 kg of material C available per month. They can use these materials to make three basic pharmaceutical products, namely 5-10-5, 5-5-10 and 20-5-10, where the numbers in each case represent the percentage by weight of material A, material Band material C respectively, in each of the products and the balance represents inert ingredients. The cost of raw material is given below:
Selling price of these products is Rs 40.50, Rs 43 and Rs 45 per kg respectively. There is a capacity restriction of the company for the product 5-10-5, that is, they cannot produce more than 30 kg per month. Formulate a linear programming model for maximising the monthly profit.
Determine how much of each of the products should they produce in order to maximise their monthly profits. (CS, June, 1992)
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