A shopkeeper wishes to purchase a mmiber of 5 L oil tins and 1 kg ghee tins. He has only Rs.5760 to invest and has a. space to store at most 20 items. A 5 L oil tin costs him Rs.360 and a 1 kg ghee tin cost him Rs.240. His expectation is that he can sell an oil tin at a profit of Rs.22 and a ghee tin at a profit of Rs.18. Assuming that he can sell all the items he can buy, how should he invest his money in order to maximize the profit? Formulate this as a linear programming problem and solve it graphically.
Answers
Answer:
He should purchase 8 tins of 5 L oil and 12 tins of 1 kg Ghee.
Step-by-step explanation:
Let assume that shopkeeper purchase x tins of 5 L oil and y tins of 1 kg ghee.
It is given that, A 5 L oil tin costs him Rs.360 and a 1 kg ghee tin cost him Rs.240 and has to invest Rs 5760.
So, we have
Further given that, has a. space to store at most 20 items.
Also, Objective function is to maximize the profit.
So, we have now
subject to the constraints
Consider
Let we first sketch the line x + y = 20
Hᴇɴᴄᴇ,
➢ Pair of points of the given equation are shown in the below table.
Now, Consider
Let we first sketch the line 360x + 240y = 5760
Hᴇɴᴄᴇ,
➢ Pair of points of the given equation are shown in the below table.
[ See the attachment graph ]
Now, from graph we concluded that OABC is a feasible region.
So, he should purchase 8 tins of 5 L oil and 12 tins of 1 kg Ghee.