$$\eqalign{ & Maximize\,\,\,\,\,\,4{x_1} + 6{x_2} + {x_3} \cr & Subject\,\,to\,\,\,\,\,\,2{x_1} - {x_2} + 3{x_3}\, \le 5 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{x_1},{x_2},{x_3} \ge 0 \cr} $$
$$(a)$$$$\,\,\,\,\,\,\,$$ What is the solution to the above problem?
$$(b)$$$$\,\,\,\,\,\,\,$$ Add the constant $${x_2} \le 2$$ to the simplex table of part $$(a)$$ and find the solution.
$$(a)$$$$\,\,\,\,\,\,\,\,$$ Compute the cost corresponding to the present solution
$$(b)$$$$\,\,\,\,\,\,\,\,$$ It is optimal?
$$(c)$$$$\,\,\,\,\,\,\,\,$$ Does an alternate optimum exist ?
The following costs are given :
Cost of regular time production $$=$$ Rs. $$20$$ per unit
Cost of overtime production $$=$$ Rs. $$25$$ Per unit
Cost of hiring $$=$$ $$200{L^2}$$
where $$'L'$$ is the increase in daily capacity
Inventory $$=$$ Rs. $$10$$ per unit per month (based on average inventory)
Shortage (back-ordering cost) $$=$$ Rs. $$20$$ per unit per month
The beginning inventory is $$100$$ units. The company decides to produce $$800,$$ $$700$$ and $$900$$ units respectively in the three months. Compute the cost of the production plan.