Basic Feasible Solution

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(′bā·sik ¦fēz·ə·bəl sə′lü·shən)

(industrial engineering) A basic solution to a linear program model in which all the variables are nonnegative.


Barron's Accounting Dictionary:

Basic Feasible Solution

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Term in linear programming (lp) used to designate a solution that occurs at the corner point of the feasible region in a graph. According to a theorem in LP, one or a linear combination of the basic feasible solutions will turn out to be an optimal solution.
See also graphical method.

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basic variables (computer science)
artificial variable (industrial engineering)
Basic Feasible Solution (in accounting)
Optimal (Optimum) Solution (in accounting)