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M3 Optimization Assignment

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16 views2 pages

M3 Optimization Assignment

Uploaded by

artsd999
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Optimization

Foundations of Math 110 – Assignment Total: 43 marks

1. Owen would like to make a small income as an artist. Owen asked his friend Emily for advice about what
combination of pictures to make. She suggested that he determine a reasonable profit for that month’s work
and then paint what he needs in order to earn that amount of profit.
• Each pastel requires $5 in materials and earns a profit of $40 for Owen.
• Each watercolor requires $15 in materials and earns a profit of $100 for Owen.
• Owen has $180 to spend on materials.
• Owen can make at most 16 pictures.
a. State the system of inequalities that represents this situation. Remember to define your variables
and include any non-negative constraints that are required. (4 marks)
b. What is the optimization equation? (1 mark)
c. On graph paper, create this feasible region to use in this problem. Label your axes. (4 marks)
d. Suppose Owen decided $1,000 would be a reasonable profit. Find three different combinations of
watercolors and pastels that would earn Owen a profit of exactly $1,000. (3 marks)
e. Now suppose Owen wanted to earn only $500 in profit. Find three different combinations of
watercolors and pastels that will earn Owen a profit of exactly $500. Using a different-coloured
pencil, add those points to your graph. (3 marks)
f. Owen’s mother has convinced him that he should try to earn as much as possible. So, Owen needs
to figure out the most profit he can earn within his constraints. He also wants to be able to prove to
his mother that it is really the maximum amount. Find the maximum possible profit that Owen can
earn and the combination of pictures he should make to earn that profit. (5 marks)

2. Zoe is creating “travel totes” and “bling baskets” as party favours for her sister Janine’s wedding. Janine has
asked Zoe to make sure that there are at most 48 favours altogether and that there are at least 24 travel
totes for her guests. If it costs $25 for every travel tote and $18 for every bling basket, what is the maximum
amount Janine could expect to pay to create her wedding favours?
a. State the system of inequalities that represents this situation. Remember to define your variables
and include any non-negative constraints that are required. (4 marks)
b. What is the objective function? (1 mark)
c. Should your feasible region be stippled? Why or why not? (2 marks)
d. On graph paper, create the feasible region that represents this problem. Label your axes. (4 marks)
e. What is the maximum amount Janine could expect to pay for her wedding favours? (4 marks)

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3. Mr. Dupont makes chocolate chip muffins and very-berry muffins to sell in his bakery. He is limited by the
following constraints:
• Each chocolate chip muffin requires 4 minutes mix time and the very-berry muffins require 3
minutes mix time. The mixer is only available for 2 hours (120 minutes) each day.
• Each chocolate chip muffin takes 3 minutes bake time and the very-berry muffins take 1 minute
bake time. The oven is only available for 1 hour (60 min) each day.
If Mr. Dupont sells the chocolate chip muffins for $2.00 each and the very-berry muffins for $2.25 each, what
is the maximum profit he can expect to make? Include your graph with the solution. (8 marks)

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