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Applied Mathematics · Ch 10 — Linear Programming Problem

Iso-Profit/Iso-Cost Method

10.5.2

Iso-Profit/Iso-Cost Method

The iso-profit (or iso-cost) method is a graphical way to locate the optimal solution when the feasible region is already drawn. Instead of testing every corner point, you draw a line representing a fixed value of the objective function Z=ax+byZ = ax + by and then slide it parallel to itself. The last point it touches as you move in the direction of increasing profit (or decreasing cost) gives the optimal corner. This …