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SCHOOL 0F BUSINESS ivIANAGEMENT

Academic Year: 2019-20

Program: MASTER OF BUSINESS AI)MINISTRATION Year: I Trimester:II

Siibject: Optimization Modelling for Business Analytics ' Batch: 2019-21
Date : Oath December, 2019 - Time:10.00 am to 12.00 moo-n(2Hrs}

iv`rai`ks: 40. ` No. o.fpages:±

FINAL EXAIVHNATI0N

Instructions: 1) Attempt all questions.

2) All questions carry equal marks, i.e.10 Marks.

3) Answers to new questions should begin on new page. Please complete all sub-sections in the
same order as given in the question paper.

Question 1) A leading deluxe soap manufacturer manufactures three varieties of deluxe soap(s)
using the same solvent as raw materials. Product A (Aloevera Delune), Product 8 @aby Soft) and
Product C (Cool Deluxe) give a profit of € 45/-, € 55/-and € 65/-respectively. The solvents I,11 &
Ill as required for the manufacture of soaps are limited by their availability of 200 liters, 145 liters
and 250 liters respectively. Additionally, it is known that the Product A requires 1 liters of solvent
I, 4 liters of solvent 11 and 5 liters of solvent Ill respectively. Likewise, Product a requires 4 liters,
5 liters and 2 liters whereas Product C requires 3 liters, 2 liters and 4 liters of solvent I, 11 and Ill
respectively. 10 Marks

Variable Cells
Final Reduced Objective AIlowable Allowable

-i;iiii;iiiiil ¥£!¥EJ9¥±8£¥!£i£E!_.I.ml!,EE-
Cell . Name
0 -11.5 45 11.5
Decrease
1E+30
SC$4 ChangingcellsA
SDst Changing Cells 8 5-----'=_--- 0 5510.45454545 22.5
SE$4 Changingcellsc 60 0 65 45 6.388888889

Constraints

Cell
----- I
Name
.

SF$7 Solvent 1 profit

SF$8 Solvent 2 Profit
SF$9 Solvent 3 Profit
-iillil
----.-
Final
Value
200
145
250
Shadow
Price
9
0
9.5
Constraint
R.H. Side
2 00
145
Allowable
Increase

1 E+30
25016.66666667
0
Allowable
Decrease
- _ ___ T-TT-

12.5
0

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