The mathematical model of an LP problem is important because.
A. It helps in converting the verbal description & numerical data into mathematical expression
B. Decision-makers prefer to work with formal models
C. It captures the relevant relationship among decision factors
D. It enables the use of algebraic technique
Answer: Option A
Solution (By Examveda Team)
The mathematical model of an LP problem is important because it helps in converting the verbal description & numerical data into mathematical expression. Linear programming (LP, also called linear optimization) is a method to achieve the best outcome (such as maximum profit or lowest cost) in a mathematical model whose requirements are represented by linear relationships.This Question Belongs to Management >> Operations Research
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