If the maximization objective function is evaluated at three corner points of a graphically solved LP problem,and Point A yields a profit of $20,000,Point B yields a profit of $55,000,and point C yields a profit of $41,000,what point produces the optimum solution?
A)The origin
B)Point A
C)Point B
D)Point C
E)Cannot be determined

Question

Quizplus · Accepted Answer

Since the objective function is maximizing profits, we want to choose the point with the highest profit value. Point B yields the highest profit of $55,000, so it produces the optimum solution. Points A and C are not the optimum solution because they yield lower profits. The origin is not a valid corner point in this LP problem.

If the Maximization Objective Function Is Evaluated at Three Corner