Q118
Maximization of objective function in an LP model means.
A.
Value occurs at allowable set of decisions
AnswerB.
Highest value is chosen among allowable decisions
C.
Neither of above
D.
Both a & b
Answer: Option A
Solution
Answer: Option A
Solution:
Maximization of objective function in an LP model means Value occurs at allowable set of decisions. Linear programming refers to choosing the best alternative from the available alternatives, whose objective function and constraint function can be expressed as linear mathematical functions.