Multiple Choice
Non-negativity condition is an important component of LP model because
A) Variables value should remain under the control of the decision-maker
B) Value of variables make sense & correspond to real-world problems
C) Variables are interrelated in terms of limited resources
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q14: The graphical method of LP problem uses<br>A)objective
Q15: While plotting constraints on a graph paper,
Q16: An iso-profit line represents<br>A)an infinite number of
Q17: If an iso-profit line yielding the optimal
Q18: Which of the following is not a
Q19: If the value of the objective function
Q20: Maximization of objective function in an LP
Q22: Which of the following statements is true
Q23: Which of the following is not a
Q24: The distinguishing feature of an LP model