Discussion Questions and Problems

Discussion Questions

  1. 7-1 Discuss the similarities and differences between minimization and maximization problems using the graphical solution approaches of LP.

  2. 7-2 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?

  3. 7-3 It has been said that each LP problem that has a feasible region has an infinite number of solutions. Explain.

  4. 7-4 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?

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