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1 Examples in Linear Programming Math 20 Introduction to Multivariable Calculus and Linear Algebra October 18, 2004 Maximizing Sales Revenue A candy manufacturer has 130 pounds of chocolate-covered cherries and 170 pounds of chocolate-covered mints Decides to sell them as half-and-half and one-third-to-two-thirds mixtures Half-and-half bags will cost $2.00/lb. Other bags will cost $1.25/lb. How much of each mixture should he make to maximize revenue? Maximizing Annual Yield An investor has $10K to invest in two bonds, A and B A has APY of 10%, B has APY of 7% Investor decides At most $6K into A At least $2K into B At least as much in A as B How much in each bond to maximize yield? Minimizing Cost Student wants to eat a breakfast of cornflakes and milk which is economical as possible 0 1/6 RDA Calcium 1/10 RDA 1/8 RDA Vitamin D 2g 4g Protein 7.5¢ Cost Corn Flakes (1 oz.) Milk (1/2 c.) Minimizing Cost Wants At least 9g protein At least1/4 USRDA of vitamin D At least 1/3 USRDA of calcium Between 1 and 3 oz. cereal for each cup of milk What mixture will minimize the cost of breakfast? 0 1/6 RDA Calcium 1/10 RDA 1/8 RDA Vitamin D 2g 4g Protein 7.5¢ Cost Corn Flakes (1 oz.) Milk (1/2 c.)

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Examples in Linear Programming

Math 20Introduction to MultivariableCalculus and Linear Algebra

October 18, 2004

Maximizing Sales Revenue

A candy manufacturer has 130 pounds ofchocolate-covered cherries and 170 poundsof chocolate-covered mints

Decides to sell them as half-and-half andone-third-to-two-thirds mixtures

Half-and-half bags will cost $2.00/lb.Other bags will cost $1.25/lb.How much of each mixture should he make

to maximize revenue?

Maximizing Annual Yield

An investor has $10K to invest in two bonds,A and B

A has APY of 10%, B has APY of 7% Investor decides

At most $6K into AAt least $2K into BAt least as much in A as B

How much in each bond to maximize yield?

Minimizing Cost

Student wants toeat a breakfastof cornflakes andmilk which iseconomical aspossible

01/6 RDACalcium

1/10 RDA1/8 RDAVitamin D

2g4gProtein

5¢7.5¢Cost

CornFlakes(1 oz.)

Milk(1/2 c.)

Minimizing CostWants

At least 9g proteinAt least1/4 USRDA

of vitamin DAt least 1/3 USRDA

of calciumBetween 1 and 3 oz.

cereal for each cupof milk

What mixture willminimize the costof breakfast?

01/6 RDACalcium

1/10 RDA1/8 RDAVitamin D

2g4gProtein

5¢7.5¢Cost

CornFlakes(1 oz.)

Milk(1/2 c.)