Question: Question (1): Based on what you have studied about Quantitative Analysis, answer the following questions: (10 marks) Explain the limitation in the use of graphical

Question (1): Based on what you have studied about Quantitative Analysis, answer the following questions: (10 marks)

  1. Explain the limitation in the use of graphical solution for an LP problem. What is its advantage? (4 marks)
  2. Based on your studies, read the following definitions in the table below and choose the right term that reflects the meaning of each. (6 marks)

No.

Definitions

Term

1

A measurable input quantity that is inherent in a mathematical formula.

2

Scientific approach to decision making.

3

_____________ means that if production of 1 unit of a product uses 3 hours, production of 10 units would use 30 hours.

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