Maximization of objective function in an LP model means.
A. Value occurs at allowable set of decisions
B. Highest value is chosen among allowable decisions
C. Neither of above
D. Both a & b
Answer: Option A
Solution(By Examveda Team)
Maximization of objective function in an LP model means Value occurs at allowable set of decisions. Linear programming refers to choosing the best alternative from the available alternatives, whose objective function and constraint function can be expressed as linear mathematical functions.This Question Belongs to Management >> Operations Research
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