The ______ is a process in which each of the corner points occurring at the boundaries of the feasible solution space is examined to determine the optimal solution.
A)graphical method
B)corner point solution method
C)iso-cost line method
D)iso-profit line method

Question

Quizplus · Accepted Answer

The corner point solution method, also known as the corner point optimization method, is used in linear programming to determine the optimal solution by examining each corner point of the feasible solution space. This method involves evaluating the objective function at each corner point to find the maximum or minimum value. Therefore, option B is the correct answer. The graphical method involves plotting the constraints and finding the feasible region, but it does not require examining each corner point. Iso-cost and iso-profit line methods are other techniques used in linear programming to analyze the impact of changes in input and output levels on the costs and profits, respectively.

The ______ Is a Process in Which Each of the Corner