# Which technique is used in finding a solution for optimizing a given objective, such as profit maximization or cost minimization under certain constraints?

A. Quailing Theory

B. Waiting Line

C. Both A and B

D. Linear Programming

**Answer: Option D **

__Solution(By Examveda Team)__

Linear programming is a mathematical technique for solving constrained maximization and minimization problems when there are many constraints and the objective function to be optimized, as well as the constraints faced, are linear (i.e., can be represented by straight lines). Related Questions on 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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