Exam 8: Nonlinear Optimization Models

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A feasible solution is a global optimum if there are no other feasible points with a better objective function value in the feasible region.

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Which of the following is not a parameter of the Bass model for forecasting adoption of a new product?

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A function is quadratic if its nonlinear terms have a power of 4.

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Many linear programming algorithms such as the simplex method optimize by examining only the extreme points of the feasible region.

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