Explained formulation of problem with easy steps.
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#example data:
#The courier department is considering purchase of vehicles to pick up & deliver parcels from various offices.
#They are considering 3 types of vehicles.
#The cost of each of these are Rs.5 lakhs, Rs.10 lakhs & Rs.8 lakhs per vehicle, respectively. #These require a crew of 2, 4 & 3 persons per day considering multiple shifts.
#They expect these to run for 60, 90 & 80 km/day.
#They expect that the total distance to be covered by the vehicles/day would be 2000 km.
#Based on fuel economy, the operating cost per day for these vehicles are Rs.200, Rs.350 and Rs.250 per day.
#They have a budget restriction of Rs.1.6 crore and have 80 people available as crew.
#Formulate a model to minimize the operating costs.
#formulation
#mathematical model
#how to make mathematical model
#how to formulate problem
#mathematical model from description
#lpp
#linear programming problem
#formulate LPP
#model
#GTU
#paper solution
#example