Linear Programmning

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February 16, 2024 at 4:51 am #700467
syedfahad1
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My question is regarding Objection Function :

That the objective function is to minimize cost or maximize contribution.

Can objective function used to maximize profit as well or it can maximize contribution only ?

Thanks
February 16, 2024 at 8:17 am #700478
IAW3005
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Maximise contribution

Is the highest profit or contribution margin, given certain constraints such as material and labour limits

The question will tell you
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