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Hello to all the members of this awesome teaching site!
I am having a little trouble with a part on linear programming.
I understand all the steps involved but how do I know what the optimum point is on the constraint graph using the iso-contribution line?
It has been bugging me for quite a few days!!!
Thanks
You move the iso-profit line away from the origin, keeping it parallel (because whatever the total contribution actually is, it will parallel).
The optimum point is the last one you reach as you move the line away from the origin.
(Have you watched the free lecture on this, where I explain this point?)
Thank you so much…I watched the lecture and its really clear now!
Why don’t all ACCA students know about this?
Avnish
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