LINEAR PROGRAMMING (GRAPHICAL METHOD) - PM/MA

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  • Опубліковано 11 кві 2022
  • This video explains the linear programming (graphical method). Shadow Price concept were also explained in this video. Students preparing for. performance management ACCA F5, management accounting and operation research/ Quantitative analysis will also find this. lecture helpful.
    To watch part 1, kindly tap the link below:
    • Financial Accounting (F3)
    #linearprogrammingproblem
    #linearprogramming
    #f5
    #performancemanagement
    #managementaccounting
    #accounting
    #accountingstudy
    #accountingstudy
    #linearprogrammingproblems
    #pm

КОМЕНТАРІ • 40

  • @raphaeladeniyi6303
    @raphaeladeniyi6303 21 день тому +1

    Thank you so much sir. I appreciate your teaching, it was very explanatory and your method was extremely easy to grasp. I pray the Lord empower and enriches you

    • @Ezikan
      @Ezikan  21 день тому

      Amen, thank you very much

  • @nichoasobiero3175
    @nichoasobiero3175 9 місяців тому +1

    You are really helping me with this unit.

  • @funtobello4619
    @funtobello4619 2 роки тому +2

    God will reward you abundantly sir, thank you sir

  • @petervilanculo6186
    @petervilanculo6186 5 місяців тому +1

    Excellent Sr. Good bless you.

  • @Mailazed
    @Mailazed 2 роки тому +2

    Thanks so much sir ! May Almighty God continue to bless you 🙏🙏🙏 This is so helpful

  • @blessingobi1165
    @blessingobi1165 2 роки тому +2

    Keep the good work Sir... I can't find the video on Replacement Theory

  • @nejoqueeneth
    @nejoqueeneth Рік тому +1

    Thank you so much for this🙏

  • @wisdomjoshua8632
    @wisdomjoshua8632 Рік тому +1

    May Almighty God continue to give you more wisdom and knowledge Sir.

  • @marianasradin3120
    @marianasradin3120 Рік тому +1

    well done 💯

  • @byamugishaaugustine4077
    @byamugishaaugustine4077 6 місяців тому +2

    Thank you so much

  • @marthasilas4066
    @marthasilas4066 Рік тому +1

    Please can I get the link to the first part

  • @graceogbonnaya1597
    @graceogbonnaya1597 2 роки тому +1

    Thank you so much sir

  • @easymatheducationalandictc1376
    @easymatheducationalandictc1376 2 роки тому +1

    God bless you sir

  • @faithasemota8417
    @faithasemota8417 4 місяці тому +1

    Thank you for this explanation. When determining the shadow price for minimization objective, is it the same approach with this maximization objective? Thank you

    • @Ezikan
      @Ezikan  4 місяці тому

      Yes, same approach, but with the inequality equation that minimize cost

  • @user-wy5jg4zd3k
    @user-wy5jg4zd3k Рік тому +1

    May Allah reward u accordingly

  • @repdamilola...indeedunique5776

    is transfer pricing same thing with divisional performance, i cant find divisional performance lectures

    • @Ezikan
      @Ezikan  Рік тому

      I have not released video on divisional performance

  • @repdamilola...indeedunique5776

    what is the other method of producing shadow price.dual method and which one

    • @Ezikan
      @Ezikan  Рік тому

      Increase in constraints by one method

  • @nagzylawrence9804
    @nagzylawrence9804 4 місяці тому +2

    Good lecture, sir. I'm curious, what indicates the use of the graphical method in a question? In the previous one, we were given a binding equation; and advised to solved simultaneously however, you mentioned that it's what we solve from the graph that gives us the “binding equation “. Could you kindly elaborate a bit on this, can I randomly use the constraint directly without the graph, or there is something that tells me why to use graph in the question , Thanks 🙏

    • @Ezikan
      @Ezikan  4 місяці тому +1

      Graphical method can only be used where the variables are limited to two even when the constraints are more than two.
      The example you referred to, the binding constraints have been given, the essence of graph is to know the binding constraints at the point of intersection of two lines that simultaneously satisfy all the constraints

    • @nagzylawrence9804
      @nagzylawrence9804 4 місяці тому +1

      @@Ezikan Thank you for the feedback Sir. Is the binding constraint at Conner B, where we achieve the highest output of 20,500? This was calculated as follows:
      40M + 50N
      40(200) + 50(250) =
      8000 + 12500 = 20500
      ??…
      I have been trynna to figure out where it is …..?

  • @Nick_j336
    @Nick_j336 4 місяці тому +1

    What is the Binding equation on the graph, like the one shown to us in simultaneously equation part???

    • @Ezikan
      @Ezikan  4 місяці тому

      The one in wish the constraints are simultaneously satisfy

    • @Nick_j336
      @Nick_j336 4 місяці тому +1

      @@Ezikan Sorry, I'm new to this topic, sir. I don’t understand what you mean by 'one in wish.' Do you mean it’s the equation around the feasibility area, or are you referring to the original constraints given in the question? I have seen a question where binding equations are given. I am trying to know how to spot it or in this case, what it is in this question??

    • @Ezikan
      @Ezikan  4 місяці тому +1

      @Nick_j336 The one which satisfy all the inequality condition

  • @adejumoemmanuel8478
    @adejumoemmanuel8478 2 роки тому +1

    I can't find your video on Divisional Performance

    • @Ezikan
      @Ezikan  2 роки тому

      Not yet ready

  • @repdamilola...indeedunique5776

    i cant find the simplex method

    • @Ezikan
      @Ezikan  Рік тому

      If I have time by next week, I will record the video on the simplex method

  • @fredsimbeye4468
    @fredsimbeye4468 2 роки тому

    Good day Sir, I'm kindly requesting for for times series part 2 lecture video

    • @Ezikan
      @Ezikan  2 роки тому

      ua-cam.com/video/Q-UZlNVDqco/v-deo.html

    • @gbadamosirosemary5711
      @gbadamosirosemary5711 2 роки тому

      @@Ezikan Hello sir, do you have a revision class, if so how can I join ?

  • @nicetvideos466
    @nicetvideos466 Рік тому +1

    Get rid of the music. It make concentration difficult. It's so distracting