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    ACCA F5-Linear Programming-June 2011

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    AbdulAzeem
    This document discusses the graphical approach to solving linear programming problems in 8 steps: 1. Define variables 2. Formulate the objective function 3. Formulate constraints 4. Plot constraints on a graph 5. Identify the feasible area 6. Add the iso-contribution line and identify the optimal point 7. Determine the optimal production mix 8. Calculate the maximum contribution

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    ACCA F5-Linear Programming-June 2011

    Uploaded by

    AbdulAzeem
    297 views6 pages
    This document discusses the graphical approach to solving linear programming problems in 8 steps: 1. Define variables 2. Formulate the objective function 3. Formulate constraints 4. Plot constraints on a graph 5. Identify the feasible area 6. Add the iso-contribution line and identify the optimal point 7. Determine the optimal production mix 8. Calculate the maximum contribution

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    ACCA F5-Linear Programming-june 2011

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    This document discusses the graphical approach to solving linear programming problems in 8 steps: 1. Define variables 2. Formulate the objective function 3. Formulate constraints 4. Plot constraints on a graph 5. Identify the feasible area 6. Add the iso-contribution line and identify the optimal point 7. Determine the optimal production mix 8. Calculate the maximum contribution

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    297 views6 pages

    ACCA F5-Linear Programming-June 2011

    Uploaded by

    AbdulAzeem
    This document discusses the graphical approach to solving linear programming problems in 8 steps: 1. Define variables 2. Formulate the objective function 3. Formulate constraints 4. Plot constraints on a graph 5. Identify the feasible area 6. Add the iso-contribution line and identify the optimal point 7. Determine the optimal production mix 8. Calculate the maximum contribution

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    LINEAR

    PROGRAMMING
    GRAPHICAL APPROACH
    STEPS TO SOLVE PROBLEM
    i. Define Variables
    ii. Formulate Objective Function
    iii. Formulate Constraints
    iv. Plot Constraints on Graph
    v. Identify Feasible Area
    vi. Add iso-contribution line and identify optimal point
    vii. Determine Optimal Production mix
    viii. Calculate maximum Contribution

    Abdul Azeem
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