Multiple Choice
Which is true regarding optimization models?
A) Optimization models are based on precise mathematical procedures that are guaranteed to find the "best" solution.
B) Optimization models do not always provide an optimum solution,but are able to accommodate broad problem definitions.
C) The Grid Technique is an approach to optimization modeling.
D) Optimization models will guarantee increased profits.
Correct Answer:
Verified
Correct Answer:
Verified
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