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  1. Linear programming | F5 Performance Management - ACCA Global

    The objective function is essentially the contribution formula as the objective is to maximise contribution and therefore profit. Contribution = ($30 x units of X produced) + ($40 x units of Y …

  2. The first step in any linear programming problem is to produce the equations for constraints and the contribution function, which should not be difficult at this level. In our example, the …

  3. Approaching PM constructed response questions - ACCA Global

    So, for example, if it is a linear programming question, go in your toolbox and pull out your five-step guide for linear programming: define the variables state the objective function

  4. Objective Function - GeeksforGeeks

    Apr 22, 2025 · The objective function in Linear Programming is to optimize to find the optimum solution for a given problem. As the name suggests, the objective function sets the objective of …

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  5. Objective function in Linear programming - OpenTuition

    Dec 3, 2022 · I have done questions in linear programming which have objective function of Profit maximization and written as C = 3x + 4y where 3 is contribution of Variable X (Product A) and …

  6. ACCA PM Past papers - MC Question 10 - December 2014 - aCOWtancy

    Try MC Question 10 from our FREE ACCA PM December 2014 past paper.

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  7. Linear Programming - OpenTuition

    Feb 28, 2023 · A company uses the linear programming model to find the optimal production plan for its two products X and Y. The model considers ‘x’ to be number of units of product X and ‘y’ …

  8. ACCA PM - Limiting Factor and Linear Programming Flashcards

    6) Plot the scope of the objective function and slide to the optimal point. 7) Calculate the value of the objective function at the optimal point. Steps involved in linear programming. 4) Identify the …

  9. ACCA F5 Linear Programming Revision | PDF | Linear Programming

    1. This document outlines the steps to solve a linear programming problem to maximize profit from producing two products given limited resources. 2. The steps include defining variables …

  10. ACCA F5-Linear Programming-June 2011 | PDF - Scribd

    This document discusses the graphical approach to solving linear programming problems in 8 steps: 1. Define variables 2. Formulate the objective function 3. Formulate constraints 4. Plot …

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