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Examveda

If an opportunity cost value is used for an unused cell to test optimality, it should be.

A. Equal to zero

B. Most negative number

C. Most positive number

D. Any value

Answer: Option B

Solution(By Examveda Team)

If an opportunity cost value is used for an unused cell to test optimality, it should be most negative number. Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another.

This Question Belongs to Management >> Operations Research

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