Management Science Lecture 2 Graphical Method
Management Science Lecture 2 Graphical Method
Graphical method
Linear Programming
Programming
producing a plan or procedure that determined the solution to a
problem.
Air Force research project concerned with computing the most
efficient an economic way to distribute men, weapons & supply
from different fronts during World War 2.
Linear Programming
C = 𝒂𝟏 𝑿 + 𝒃𝟏 𝐘 (𝐟𝐨𝐫 𝐦𝐢𝐧𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧)
Objective function
is an expression, which shows the relationship between the variables in the
problem and the firm’s goal.
Solving Linear Programming
Problem Graphically cont.
Constraints
Structural constraint – a limit on the availability of resources.
Non-negativity constraint - is the constraint that restricts all the variables to zero
and positive solution.
Optimal Value – highest value (for maximization problem) and lowest value (for
minimization problem).
Optimal Solution – combination of decision variable amount that yields the best
possible value of the objective function and satisfies all the constraints.
Feasible Region – is the set of combinations of values for the decision variables
that satisfy the non-negativity conditions and all constraints simultaneously that is
the allowable decisions.
Solving Linear Programming
Problem Graphically cont.
B. Extreme Point Theorem
The linear objective function will have its optimal solutions as the
extreme points (corner points) of the feasible region whenever the
feasible region is bounded. If the feasible region is unbounded there is
no optimal solution.
C. Fundamental Theorem of Linear Programming Problem
If a linear programming problem has optimal solution, there is
always at least one extreme point (corner point) solution of the
feasible region.
A linear programming problem with bounded, nonempty feasible
region always contain optimal solutions.
Solving Linear Programming
Problem Graphically cont.
D. Solving Linear Programming: Maximization Problem
This section will present the solution in maximizing a Linear Programming
model using graphical method.
Steps in Linear Programming
Graphical Method
1. Represent the unknown in the problem.
2. Tabulate the data about the facts if necessary.
3. Formulate the objective function and constraints by restating the information in the
mathematical form (LP model).
4. Plot the constraints of the LP problem on a graph.
5. Identify the feasible region of the linear programming and trace the extreme points of
the graph.
6. Solve the intersection of the lines, which satisfies the feasible solution simultaneously.
Find the possible vertices in the feasible region.
7. Substitute the coordinates at the extreme points on the feasible region to the
objective function.
8. Formulate the decision.
Maximization Problem