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Management · Q119

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 119

Q119

Which of the following is not a characteristic of the LP model?

A.
Alternative courses of action
B.
An objective function of maximization type
Answer
C.
Limited amount of resources
D.
Non-negativity condition on the value of decision variables.

Answer: Option B

Solution

Answer: Option B
Solution:
An objective function of maximization type is not a characteristic of the LP model. The objective of linear programming is to: “maximize or to minimize some numerical value.