A Goal Programming Problem Had Two Goals (With No Priorities

question 6

Multiple Choice

A goal programming problem had two goals (with no priorities assigned) .Goal number 1 was to achieve a cost of $3,600 and goal number 2 was to have no wasted material.The optimal solution to this problem resulted in a cost of $3,900 and no wasted material.What was the value for the objective function for this goal programming problem?

• A)300
• B)-300
• C)3300
• D)0

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Definitions:

Inherent Goodness

The fundamental quality of being good or possessing positive moral values naturally.

CSR

Corporate Social Responsibility; a business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders.

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Investing in social or environmental causes using strategies akin to those in venture capital, aiming for both societal impact and financial return, with a focus on innovation and sustainability.

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Individuals or organizations that invest in non-profits or social enterprises with the expectation of generating a measurable social impact alongside a financial return.