The simultaneous equation method is
A)an alternative to the corner point method.
B)useful only in minimization methods.
C)an algebraic means for solving the intersection of two or more constraint equations.
D)useful only when more than two product variables exist in a product mix problem.

Question

Quizplus · Accepted Answer

The simultaneous equation method is used to solve for the intersection point of the constraint equations by setting them equal to each other and solving for the variables. It can be used for both minimization and maximization problems and can handle any number of variables.

The Simultaneous Equation Method Is