Question: 1 5 . Linear programming is best described as: A . A methodology used to allocate limited resources among competing activities in an optimal way.

15. Linear programming is best described as: A. A methodology used to allocate limited resources among competing activities in an optimal way. B. A method for determining the optimal product mix when only two products are being produced. C. A mathematical approach to solve problems of probability. D. A programming language for developing financial models. 16. In a linear programming problem, what do the constraints represent? A. The decision variables that need to be determined. B. The mathematical expressions that describe the objective of the problem. C. The limits on the resources or conditions that must be satisfied. D. The optimal solution to the problem

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