Question
The objective function of LPP defined over the convex set attains its optimum value at.
  1. Atleast two of the corner points.
  2. All the corner points.
  3. Atleast one of the corner points.
  4. None of the corner points.

Answer

  1. Atleast one of the corner points.
Solution:
Let Z = ax + by be the objective function
When Z has optimum value(maximum or minimum), where the variables
x and y are subject to constraints described by linear inequalities, this optimum value must occur at a corner points of the feasible region.
Thus, the function attains its optimum value at one of the corner points.

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