Focus on solving linear programming problems, particularly through graphical methods.
Definition of an optimal solution: maximum or minimum value of the objective function for a given problem.
Different methods exist:
Graphical method for two-variable problems.
Simplex method for problems with more than two variables.
For the current discussion, the focus is on graphical solutions (two variables).
Decision variables (x and y) must satisfy the non-negativity constraint: x, y ≥ 0.
The solution will lie in the first quadrant of the coordinate plane.
Objective function: Maximize Profit, represented as Z = 50X + 18Y.
Need to find values of x and y to satisfy given linear inequalities.
Convert inequalities into corresponding equations for graphing.
Finding intercepts:
X-intercept: Set y = 0, solve for x (Example: x intercept of first equation is (50, 0)).
Y-intercept: Set x = 0, solve for y (Example: y intercept of first equation is (0, 100)).
Plot intercept points on a coordinate plane and draw lines for each equation.
Definition: The common region determined by all constraints of the linear programming problem.
Every point within this region satisfies the inequalities of the problem.
Example Feasible Region: Based on constraints, the feasible region is restricted to specific points in the first quadrant.
Corner points may be numbered (e.g., O, A, B, and C), intersecting at significant coordinates (like (20, 60)).
The corner point method is used to find the optimal solution, where solutions lie at the corners of the feasible region.
Steps to evaluate:
List coordinates of corner points.
Substitute coordinates into the objective function Z.
Example evaluations:
Z at O (0, 0) = 0
Z at A (20, 60) = 1440
Z at B (30, 40) = 2080
Z at C (50, 0) = 2500
Maximum Profit: Optimal solution is found at point C (x=50, y=0) yielding maximum Z.
Classify whether the feasible region is bounded or unbounded.
This classification will be discussed further in the next lesson.
[Graphic Representation: Add visual aids to illustrate all concepts for better understanding]