Iso Profit Line Method Notes: Definitions & Explanations PDF | Download eBooks
Study Iso Profit Line Method lecture notes PDF with supply chain management definitions and explanation to study What is Iso-profit line method?. Study iso profit line method explanation with SCM terms to review supply chain management course for online MBA programs.
Iso Profit Line Method Definition:
An approach to solving a linear programming maximization problem graphically.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Iso Profit Line Method Notes:
The chart of the benefit capacity is called an iso-benefit line. It is called this in light of the fact that "iso" signifies "same" or "equivalent" and the benefit anyplace hanging in the balance is the equivalent. The estimation of the target capacity increments as the iso-benefit line travels through the plausible district. The last corner point came to before leaving the achievable district is the place the most extreme worth happens. The slant of the iso-benefit line figures out which corner point will be the last one come to. Moving the iso-benefit towards the starting point lessens the estimation of the goal work, however you can't go past the source, so the worth is limited underneath thus there is a base. The iso-benefit line increments in worth (accepting the coefficients are sure) as it travels through the plausible area.
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