1. For which decision environment is linear programming most suited?
2. What is meant by the term feasible solution space? What determines this region?
3. Explain the term redundant constraint.
4. What is an isocost line? An isoprofit line?
5. What does sliding an objective function line toward the origin represent? Away from the origin?
6. Briefly explain these terms:
a. Basic variable.
b. Shadow price.
c. Range of feasibility.
d. Range of optimality.