Vidyalelo
Management · Q33

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 33

Q33

If there are more than one optimum solution for the decision variable the solution is ___________.

A.
Infeasible
B.
Unbounded
C.
Alternative
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
Solution:
If there are more than one optimum solution for the decision variable the solution is alternative. An optimal solution is a feasible solution where the objective function reaches its maximum (or minimum) value – for example, the most profit or the least cost. A globally optimal solution is one where there are no other feasible solutions with better objective function values.