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Proportionality assumption about the profit objective

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Question: Suppose you have a linear optimization model where you are trying to decide which products to produce to maximize profit. What does the additive assumption imply about the profit objective? What does the proportionality assumption imply about the profit objective? Be as specific as possible. Can you think of any reasonable profit functions that would not be linear in the amounts of the products produced?

Reference no: EM131644110

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