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Optimum Solution
From the stand point of implementing the LP solution, the mathematical classification of the variables as basic and non-basic is of no importance and should be totally ignored in reading the optimum solution. The variables not listed in the "basic" column necessarily have zero values. The rest have their values in the solution column. In terms of the optimum solution of our example, we are interested primarily in the product mix of exterior and interior paint, that is, the decision variables XE and XI. From the optimum tableau we have the following summary:Decision Variable Optimum Value DecisionXE 3 1/3 Produce 3 1/3 tons of exterior paintXI 1 1/3 Produce 1 1/3 tons of interior paintZ 12 1/3 Resulting profit is 12 2/3 thousand Shs
analyse the methods of capital investment appraisal
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monetaryor non monetary which will arise as aresult of implemenntinng the project
The Simplex Method In the graphical solution the optimum solution is always associated with a corner (or extreme) point of the solution space. The simplex method is based funda
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