Batarang96
New member
- Joined
- Sep 11, 2015
- Messages
- 5
Formulate but do not solve the following exercise as a linear programming problem.
A hunger-relief organization has earmarked between $2 million and $2.5 million (inclusive) for aid to two African countries, Country A and Country B. Country A is to receive between $1 million and $1.25 million (inclusive), and Country B is to receive at least $0.5 million. It has been estimated that each dollar spent in Country A will yield an effective return of $0.50, whereas a dollar spent in Country B will yield an effective return of $0.80. How should the aid be allocated if the money, in millions, is to be utilized most effectively according to these criteria?
Hint: If x and y denote the amount of money, in millions of dollars, to be given to Country A and Country B, respectively, then the objective function to be maximized is P=.5x+.8y
I need to complete the constraints below:
x+y
x
Thanks in advance.
A hunger-relief organization has earmarked between $2 million and $2.5 million (inclusive) for aid to two African countries, Country A and Country B. Country A is to receive between $1 million and $1.25 million (inclusive), and Country B is to receive at least $0.5 million. It has been estimated that each dollar spent in Country A will yield an effective return of $0.50, whereas a dollar spent in Country B will yield an effective return of $0.80. How should the aid be allocated if the money, in millions, is to be utilized most effectively according to these criteria?
Hint: If x and y denote the amount of money, in millions of dollars, to be given to Country A and Country B, respectively, then the objective function to be maximized is P=.5x+.8y
I need to complete the constraints below:
x+y
≤
x + y | ≥ |
x | ≤ |
x
≥
y
≥