Which of the following is not a characteristic of the LP model – McqOptions

MCQOPTIONS

1.	Which of the following is not a characteristic of the LP model
A.	Alternative courses of action
B.	An objective function of maximization type
C.	Limited amount of resources
D.	Non-negativity condition on the value of decision variables.
Answer» B. An objective function of maximization type

Discussion

No Comment Found

Related MCQs

While plotting constraints on a graph paper, terminal points on both the axes are connected by a straight line because
Non-negativity condition is an important component of LP model because
If the number of available constraints is 3 and the number of parameters to be optimized is 4, then
For the constraint of a linear optimizing function z=x1+x2 given by x1+x2≤1, 3x1+x2≥3 and x1, x2≥0
In graphical method of linear programming problem if the iOS-cost line coincide with a side of region of basic feasible solutions we get
Mathematical model of Linear Programming is important because
Raman paid Rs. 11400 as interest after 9 years. He had borrowed some money at rate of 6%for first two years, 9% for next three years and 14% for rest of the period. How much money didhe borrow?
Two numbers are in ratio 2:3. If 2 be subtracted from the first and 2 be added to the second,the ratio becomes 1:2. Find the sum of the numbers.
The true statement for the graph of inequations 3x+2y≤6 and 6x+4y≥20 , is
person sold a stove for Rs. 423 and incurred a loss of 6%. At what price would it be sold so asto earn a profit of 8%?