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Euroflight is evaluating the purchase of new aircraft with a budget of £60 million, considering long-range, medium-range, and short-range options with respective costs and profits. The company faces constraints on the number of aircraft, trained pilots, and maintenance facilities. The task involves setting up a linear programming problem to maximize profit while adhering to these constraints.

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Kalindu Liyanage
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12 views5 pages

Optimization Tasks

Euroflight is evaluating the purchase of new aircraft with a budget of £60 million, considering long-range, medium-range, and short-range options with respective costs and profits. The company faces constraints on the number of aircraft, trained pilots, and maintenance facilities. The task involves setting up a linear programming problem to maximize profit while adhering to these constraints.

Uploaded by

Kalindu Liyanage
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Optimization Tasks

Task 1
Task 2
Task 3
• Euroflight is considering the purchase of new aircraft. Long-range aircraft cost £4
million each, medium-range £2 million each and short-range £1 million each, and
Euroflight has £60 million to invest. The estimated profit from each type of aircraft
is £0.4 million, £0.3 million and £0.15 million respectively. The company has
trained pilots for at most a total 25 aircraft. Maintenance facilities are limited to a
maximum of the equivalent of 30 short-range aircraft. Long-range aircraft need
twice as much maintenance as short-range ones, and medium-range 1.5 times
as much. Set this up as a linear programming problem, and solve it to find the
maximum profit possible.
Task 4

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