Question: 1 ) Linear programming is a model consisting of linear relationships representing a firm'sdecisions given an objective and resource constraints.A ) TrueB ) FalseC )

1) Linear programming is a model consisting of linear relationships representing a firm'sdecisions given an objective and resource constraints.A) TrueB) FalseC) all of the aboveD) neither2) The objective function always consists of either maximizing or minimizing some value.A) TrueB) FalseC) all of the aboveD) neither3) There is exactly one optimal solution point to a linear program.A) TrueB) FalseC) all of the aboveD) neither4) The shadow price for a positive decision variable is 0.A) TrueB) FalseC) all of the aboveD) neither5) Sensitivity ranges can be computed only for the right-hand sides of constraints.A) TrueB) FalseC) all of the aboveD) neither

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