Causes of Linear Programming Problems
Assignment Description:
Write a 1600-word essay addressing each of the following points/questions. Be sure to completely answer all the questions for each bullet point. Separate each section in your paper with a clear heading that allows you to know which bullet you are addressing in that section of your paper. Support your ideas with three (3) sources in your essay. Make sure to reference the citations using the APA writing style for the essay. The cover page, page-headings or reference page do not count towards the minimum word count.
- What are the conditions causing linear programming problems to have multiple solutions?
- Do you prefer the corner point method or the isoprofit, isocost method? Why?
- Explain the purpose and procedures of the simplex method.
- What is a shadow price? How does the concept relate to the dual of an LP problem? How does it relate to the primal?