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Business Analytics · Quiz 2 · 3 Dec 2023 · September 2023 term

Question 12: The primal formulation of a production planning problem,…

Question 12

+1 markNumerical answer

The primal formulation of a production planning problem, where the objective is to maximizing the total profit is formulated as specified below.

Maximize: 225*X1 + 200*X2 + 165*X3

Subject to the following constraints

13*X1 + 26*X2 + 71*X3 <= 100012Constraint-1
45*X1 + 10*X2 + 5*X3 <= 100000Constraint-2
12*X1 + 15*X2 + 34*X3 <= 100000Constraint-3
0*X1 + 45*X2 + 4*X3 <= 100000Constraint-4
X1 >=0Constraint-5
X2 >=0Constraint-6
X3 >=0Constraint-7

Based on the above data, answer the given subquestions.

How many decision variables will be present in the dual formulation? (after converting the primal to the standard form)

Show answer

Correct answer: 4

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Question 12 of 20 in the IIT Madras BS Business Analytics (Business Analytics) Quiz 2 paper sat on 3 Dec 2023, in the September 2023 term (IIT M DIPLOMA AN2 EXAM QDD2 03 Dec 2023). It carries 1 mark.

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