Concept explainers
a)
To determine: The profit of the firm.
Introduction: In linear programming, unbounded solution would occur when the objective function is infinite. If no solution satisfied the constraints then it is said to be unfeasible solution.
b)
To draw: The graph for part (a) of solution.
Introduction: In linear programming, unbounded solution would occur when the objective function is infinite. If no solution satisfied the constraints then it is said to be unfeasible solution.
c)
To determine: The cost that the firm would pay for each extra unit of wood.
Introduction: In linear programming, unbounded solution would occur when the objective function is infinite. If no solution satisfied the constraints then it is said to be unfeasible solution.
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EBK PRACTICAL MANAGEMENT SCIENCE
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