A Mathematical Programming Model That Permits Decision Makers to Set

question 86

Multiple Choice

A mathematical programming model that permits decision makers to set and prioritize multiple objective functions is called a

• A)pure-integer programming problem.
• B)mixed-integer programming problem.
• C)zero-one integer programming problem.
• D)goal programming problem.
• E)nonlinear programming problem.

---

Definitions:

Insurance Increases

An increase in the cost of an insurance premium, typically due to factors like higher risk or inflation.

Investment Portion

The segment of an investment portfolio allocated to various investment vehicles according to a specific strategy.

Death Benefit

A payment made to the beneficiaries of an insurance policy or pension plan when the insured or participant dies.

Insurance Portion

The portion of a payment specifically allocated to cover insurance costs.