Lecture 6
Lecture 6
Important Definitions
Lecture 6
03/07/2021
Introduction
• Since most real world problems have more than two decision
variables, such problems cannot be solved graphically. However
graphical approach provides understanding of solving an LP
problem algebraically involving more than two variables.
• In this unit, we discuss the following two graphical solution methods
(or approaches) .
i. Extreme point solution method
ii. Iso-profit (cost) function line method