Non-negativity condition in an LP model implies.
A. A positive coefficient of variables in objective function
B. A positive coefficient of variables in any constraint
C. Non-negative value of resources
D. None of the above
Answer: Option D
Solution(By Examveda Team)
Non-negativity restriction indicates that all decision variables must take on values equal to or greater than zero.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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