Do you prefer the corner point method or the isoprofit, isocost method? Why?© BrainMass Inc. brainmass.com June 3, 2020, 7:27 pm ad1c9bdddf
Corner point method: In this method all the corner points are identified and objective function is evaluated at all the corner points. The point that results in maximizing profit or minimizing cost is the optimal solution point. Alternatively, the solution procedure moves from one corner point to the other one as happens in simplex. ...
Solution describes corner point method , the isoprofit and isocost method.