Vidyalelo
Management · Q127

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 127

Q127

Which of the following statements is true with respect to the optimal solution of an LP problem?

A.
Every LP problem has an optimal solution
B.
Optimal solution of an LP problem always occurs at an extreme point
C.
At optimal solution all resources are completely used
D.
If an optimal solution exists, there will always be at least one at a corner
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
If an optimal solution exists, there will always be at least one at a corner statement is true with respect to the optimal solution of an LP problem.