Research Paper Help- Discuss the similarities and differences between minimization and maximization problems using the graphical solution approaches of LP

Research Paper Help- Discuss the similarities and differences between minimization and maximization problems using the graphical solution approaches of LP

Discuss the similarities and differences between minimization and maximization problems using the graphical solution approaches of LP

It is important to understand the assumptions underlying the use of any quantitative analysis model. What are the assumptions and requirements for an LP model to be formulated and used

It has been said that each LP problem that has a feasible region has an infinite number of solutions. Explain

You have just formulated a maximization LP problem and are preparing to solve it graphically. What criteria should you consider in deciding whether it would be easier to solve the problem by the corner point method or the isoprofit line approach

Under what condition is it possible for an LP problem to have more than one optimal solution

Develop your own set of constraint equations and inequalities, and use them to illustrate graphically each of the following conditions:

  1. an unbounded problem
  2. an infeasible problem
  3. a problem containing redundant constraints
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