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Management · Q129

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 129

Q129

If an iso-profit line yielding the optimal solution coincides with a constaint line, then.

A.
The solution is unbounded
B.
The solution is infeasible
C.
The constraint which coincides is redundant
D.
None of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
An iso-profit line represents an infinite number of solutions all of which yield the same profit. The graph of the profit function is called an iso-profit line. It is called this because "iso" means "same" or "equal" and the profit anywhere on the line is the same.