LP Blending Problem | Formulation + Solution | Product Mix Example

This video shows how to formulate and solve a blending/product mix linear programming problem. Solving LP in LINDO: https://youtu.be/Acz1TewvMqY 00:00 -Intro 00:33 -Decision Variables 01:05 -Objective Function 01:48 -Supply Constraints 02:05 -Octane Ratings 03:26 -Requirement Constraints 04:35 -Solving the LP Maximize 40R1 + 51R2 + 62R3 + 60P1 + 71P2 + 82P3 s.t. R1 + P1 ≤ 82000 R2 + P2 ≤ 96000 R3 + P3 ≤ 99000 7R1 +1R2 - 3R3 ≥ 0 4P1 - 2P2 - 6P3 ≥ 0 0.7R1 - 0.3R2 - 0.3R3 ≤ 0 -0.25R1 - 0.25R2 +0.75R3 ≤ 0 0.8P1 - 0.2P2 - 0.2P3 ≥ 0 -0.35P1 -0.35P2 + 0.65P3 ≤ 0 P1 - P3 ≥ 50000