This assignment is intended to help you learn to do the following:Explain the basic assumptions and properties of linear programming (LP)Graphically solve any LP problem that has only two variables by both the corner point and isoprofit line methods.Explain special issues in LP such as infeasibility, unboundedness, redundancy, and alternative optimal solutions.Describe the role of sensitivity analysis.Solve LP problems using Excel spreadsheets.Action ItemsReview Chapter 7 in Render et al. (2018).Read Team 1’s solutions to the homework assignments.Write an individual response to the following items:Problems 7.4, .7.7, 7.8, 7.10, 7.13, 7.14, 7.15, 7.17, 7.18, 7.19, 7.22, 7.26, 7.30Mexicana Wire Works case study 1
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