Business Math - Linear Programming - General Solution : Optimization (1 of 6) Basic Ex. 1

In this video I will graph and demonstrate the general approach to minimize cost.

Next video in this series can be seen at:

[daviesDynamo]

please help. these the questions. Q1...solve the following linear programming problem ( it has 2, 019 constraints) with justification that you found the optimal solution and its value.
maximize: 2x1+3x2
subject to: x1+2x2 < 2
x1+3x2 < 3
x1+4x2 <4
.
.
x1+2020x2 < 2020
x1>0, x2>0

Q2...A business executive has the option to invest money in two plans. Plan A guarantee that each dollar invested will earn 70 cents a year later, and plan B guarantees that each dollar invested will earn $2 after 2 years. In plan A, investment can be made annually, and in plan B, investment are allowed for periods of that are multiples of two years only. How should the executive invest $100, 000 to maximize the earnings at the end of 3 years? Formulate a linear program and find the optimal solution.

[daviesDynamo]

Thank you sir. well explained but not much grounded cos i just started but has an assignment that is disturbing me. Can anybody help me with linear assignments?

[randallblake]

Good video but you screwed up. Your second constraint is identical to your objective function!

[rgf]

thanks very well defined, Sir please study Quraan