Variables used in the objective function while solving linear programming problems are known as ________ variables.
objective
Linear Programming (LP) is a mathematical method used to determine the best possible outcome or solution in a mathematical model whose requirements are represented by linear relationships. LP problems are used to optimize a value, such as maximizing profit or minimizing cost, subject to a set of constraints.
Every linear programming problem typically has three main components:
The objective function in a linear programming problem is expressed as a linear combination of the decision variables. For example, if a company produces two products, X and Y, with profits of $5 per unit of X and $7 per unit of Y, the objective function to maximize profit (P) would be:
\( \text{Maximize } P = 5X + 7Y \)
In this example, X and Y are the decision variables. They are the quantities whose values we need to find to achieve the maximum profit.
The variables used in the objective function, which are the quantities whose values are being optimized (maximized or minimized) subject to constraints, are often referred to as decision variables. However, when specifically referring to their role within the objective function, they are the variables that define the objective value. Among the given options, the term that best describes these variables in the context of the objective function is related to the objective itself.
Let's look at the options provided:
Therefore, the variables used within the objective function to define the quantity being optimized are known as objective variables, especially in the context of the options given.
In an Linear programming problem, the restrictions or limitations under which the objective function is to be optimised are called
For the linear programming problem:
Maximum Z = 3X1 + 2X2
Subject to
-2X1 + 3X2 ≤ 9
X1 – 5X2 ≥ - 20
X1, X2 ≥ 0
The above problem has
The headquarters of the Eastern Railway Zone is located at _______.
Consider an LPP given as
Max Z = 2x 1 - x 2+ 2x 3
Subject to the constraints
2x 1+ x 2 ≤ 10
x 1+ 2x 2 - 2x 3 ≤ 20
x 1+ 2x 3 ≤ 5
x 1, x 2, x 3 ≥ 0
What shall be the solution of the LPP after applying first iteration of the Simplex Method?
Consider the following Linear programming problem (LPP):
Maximize z = x 1+ x 2
Subject to the constraints:
x 1+ 2x 2≤ 2000
x 1+ x 2≤ 1500
x 2≤ 600
and x 1, x 2≥ 0
The solution of the above LPP is: