Question: Not the descision Variable used in.... Linear Programming (LP) is a mathematical technique for maximizing or minimizing a linear function of several variables, such as

Not the descision Variable used in.... Linear

Not the descision Variable used in....

Linear Programming (LP) is a mathematical technique for maximizing or minimizing a linear function of several variables, such as output or cost. All of the following statements are correct about LP, EXCEPT: LP can use Oobjective Function in any mathematical Form to Achieve the Best Possible outcome. O Objective Function employs Controllable Decision Variables that influence the Performance of the System. The Decision Variable used in Objective Function are under certain Constraints, such as Negativity Constraints, meaning Negative number of items cannot be produced, O LP problems can be solved by Graph and/or SOLVER. LP can be Best used for allocating Finite Resources

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!