Conditions causing linear programming problems

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1. What are the conditions causing linear programming problems to have multiple solutions?

2. Do you prefer the corner point method or the isoprofit, isocost method? Why?

3. Explain the purpose and procedures of the simplex method.

4. What is a shadow price? How does the concept relate to the dual of an LP problem? How does it relate to the primal?

Reference no: EM133157387

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