Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
12th Edition
ISBN: 9780134741062
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Chapter D, Problem 10P

A

Summary Introduction

Interpretation: To maximize the profits for the given constraints and objective function.

Concept Introduction: To obtain the objective function is to maximize or minimize the profits and losses based on the given group of constraints and decision variables. The constraints may refer to resources, technology and so on.

B

Summary Introduction

Interpretation: In linear programming, find the better optimal solution using graphic method.

Concept Introduction: In linear programming, graphic method are used to solve the problems by the point of intersection (higher and lower points) between the objective function and regional value of the graph.

C

Summary Introduction

Interpretation: To Determine the constraints with slack or surplus.

Concept Introduction: In Linear Programming, some mathematics oriented problem will be solved by slack variable and surplus variable. Slack variables is defined as less than (<) or equal (=) type of constraints to getting the equality constraint. Surplus variables is termed as greater than (>) or equal (=) type of constraints to getting the equality constraint.

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