02.04.2015 MIS 344 HW 2 Due Date: 13.04.2015 1. Consider this LP formulation: Minimize cost= X+2Y Subject to X+3Y≥90 8X+2Y≥160 3X+2Y≥120 Y≤70 X,Y≥0 Graphically illustrate the feasible region and apply the corner point procedure to indicate which corner point produces the optimal solution. What is the cost of this solution? 2. Using QM for Windows graph the following LP problem and indicate the optimal solution point: Maximize profit=$ 3X+2Y Subject to 2X+ Y≤150 2X+3Y≤300 a. Does the optimal solution change if the profit per unit of X changes to $4.50. (Add necessary screen prints from QM for Windows and comment on it) b. What happens if the profit function should have been $ 3X+3Y. (Add necessary screen prints from QM for Windows and comment on it) 3. The Kleengalss Corporation makes a dishwasher that has excellent cleaning power. This dishwasher uses less water than most competitors, and it is extremely quiet. Orders have been received from several retails stores for delivery at the end of each the next 3 months, as shown below: MONTH NUMBER OF UNITS JUNE 195 JULY 215 AUGUST 205 Due to limited capacity, only 200 of these can be made each month on regular time, and the cost is $300 each. However, an extra 15 units per month can be produced if overtime is used, but the cost goes up to $325 each. Also, if there are any dishwashers produced in a month that are not sold in that month, there is a $20 cost to carry this item to the next month. Use linear programming to determine how many units to produce in each month on regular time and on overtime to minimize the total cost while meeting the demands.