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Examveda

______________ may be defined as a method of determining an optimum programme inter dependent activities in view of available resources.

A. Goal Programming

B. Linear Programming

C. Decision Making

D. None of the above

Answer: Option B

Solution(By Examveda Team)

Linear Programming may be defined as a method of determining an optimum programme inter dependent activities in view of available resources. Linear programming is an optimization technique for a system of linear constraints and a linear objective function. An objective function defines the quantity to be optimized, and the goal of linear programming is to find the values of the variables that maximize or minimize the objective function.

This Question Belongs to Management >> Operations Research

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The use of decision models.

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