Problem

If an LP’s feasible region is not unbounded, we say the LP’s feasible region is bounded. S...

If an LP’s feasible region is not unbounded, we say the LP’s feasible region is bounded. Suppose an LP has a bounded feasible region. Explain why you can find the optimal solution to the LP (without an isoprofit or isocost line) by simply checking the z-values at each of the feasible region’s extreme points. Why might this method fail if the LP’s feasible region is unbounded?

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Solutions For Problems in Chapter 3.3