The 4-step procedure for profit maximization-in the correct order-is:
A)Select the highest-profit,nonassigned cell;start with a feasible solution that balances supply and demand;when an increase in total profit is obtained,ship as many units as possible;evaluate changes until profit cannot be increased any further.
B)Start with a feasible solution that balances supply and demand;select the highest-profit,nonassigned cell;when an increase in total profit is obtained,ship as many units as possible;evaluate changes until profit cannot be increased any further.
C)Evaluate changes until profit cannot be increased any further;when an increase in total profit is obtained,ship as many units as possible;start with a feasible solution that balances supply and demand;select the highest-profit,nonassigned cell.
D)When an increase in total profit is obtained,ship as many units as possible;evaluate changes until profit cannot be increased any further;start with a feasible solution that balances supply and demand;select the highest-profit,nonassigned cell.

Question

Quizplus · Accepted Answer

Starting with a feasible solution that balances supply and demand ensures that the initial solution is valid. Then, we select the highest-profit, nonassigned cell and ship as many units as possible to increase total profit. Finally, we evaluate changes until profit cannot be increased any further. This 4-step procedure is known as the "basic feasible solution method" for linear programming problems.

The 4-Step Procedure for Profit Maximization-In the Correct Order-Is