Tag: linear program

The plant manager thought of writing a linear program to maximize profits, but never actually did for the following reason: from past experience, he observed that the plant operates best when at most two products are manufactured at a time. He believes that if he uses linear programming, the optimal solution will consist of producing all five products and therefore it will not be of much use to him. Do you agree with him? Explain, based on your knowledge of linear programming.

Finance by Geoffrey0 comments

A plant can manufacture five products P1 , P2 , P3 , P4 , and P5 . Theplant consists of […]