A feasible solution to an LP problem.
A. Must satisfy all of the problem’s constraints simultaneously
B. Need not satisfy all of the constraints, only some of them
C. Must be a corner point of the feasible region
D. Must optimize the value of the objective function
Answer: Option A
Solution(By Examveda Team)
A feasible solution to an LP problem must satisfy all of the problem’s constraints simultaneously. A feasible solution is a set of values for the decision variables that satisfies all of the constraints in an optimization problem. A local optimal solution is one where there is no other feasible solution "in the vicinity" with a better objective function value.This Question Belongs to Management >> Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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