answersLogoWhite

0

It is the cost of one item - usually to produce but sometimes to purchase.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

How do you solve a fixed cost problem?

Fixed Cost Problem is a kind of the Mixed Linear Programming Problem(MILP).Also, MILP is a Parametric Quadratic Concave Programming Problem. The optimal solution is existence of vertix set of the domain set. Then, you can use the domain cutting method.


Definition of reduced cost in linear programming?

http://en.wikipedia.org/wiki/Reduced_cost


How do you from equations on linear programming?

To formulate equations for linear programming, first identify the decision variables that represent the quantities to be determined. Next, establish the objective function, which is a linear equation expressing the goal (e.g., maximizing profit or minimizing cost) in terms of these variables. Then, determine the constraints, which are linear inequalities representing the limitations or requirements of the problem. Finally, ensure that all variables are non-negative, as they typically represent quantities that cannot be negative.


What are the key considerations when solving the Generalized Assignment Problem?

When solving the Generalized Assignment Problem, key considerations include determining the assignment of tasks to resources, considering constraints such as capacity and cost, optimizing the objective function, and finding an efficient solution using algorithms like linear programming or heuristics.


What has the author Saburo Muroga written?

Saburo Muroga has written: 'Logical design of an optimal network by integer linear programming' -- subject(s): Circuits, Electronic digital computers, Linear programming, Threshold logic 'Minimization of logic networks under a generalized cost function' -- subject(s): Mathematical optimization, Switching theory


Is the cost of equal priced DVD and the number purchased linear or non linear?

It is linear.


Is the cost of equal priced dvds and the number purchased linear or non linear?

It is linear.


Explain the details of Linear Demand function equation?

Linear Cost Function A linear cost functionexpresses cost as a linear function of the number of items. In other words, C = mx + bHere, C is the total cost, and x is the number of items. In this context, the slope m is called the marginal cost and b is called the fixed cost.


What is the cost per linear meter if the cost per linear yard is 10.70?

The exact value is 9.7841 so I expect 9.79


How can one formulate the shortest path problem as a linear program?

To formulate the shortest path problem as a linear program, you can assign variables to represent the decision of which paths to take, and set up constraints to ensure that the total distance or cost of the chosen paths is minimized. The objective function would be to minimize the total distance or cost, and the constraints would include ensuring that the chosen paths form a valid route from the starting point to the destination. This linear program can then be solved using optimization techniques to find the shortest path.


What types of jobs use linear functions?

cost estimation and architecture uses linear function.


What are the fundamental theorem of linear programming in quantitative methods?

This usually applies to word problems with several variables which are 'connected' in the story. There are also some additional statements about cost or profit. The constraints are used to write equations. These are graphed and there is usually an enclosed space, Because all the equations form straight lines, hence the name linear programming. Intersections of these lines gives pionts where the max profit or min cost will occur. Take these points and put them into the cost/profit equation to find the max/min. The fundamental theorem is that the max/min will occur at these intersection points that is the whole point of graphing and finding the intersections.