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Management · Q116

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 116

Q116

Non-negativity condition is an important component of LP model because.

A.
Variables value should remain under the control of the decision-maker
B.
Value of variables make sense & correspond to real-world problems
Answer
C.
Variables are interrelated in terms of limited resources
D.
None of the above

Answer: Option B

Solution

Answer: Option B
Solution:
Non-negativity condition is an important component of LP model because value of variables make sense & correspond to real-world problems. Non-negativity restriction indicates that all decision variables must take on values equal to or greater than zero.