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Which of the following is a basic assumption of linear programming?
Time-Value of Money
A finance principle that suggests money available now is worth more than the same amount in the future due to its potential earning capacity.
Monetary Compensation
Payment made in the form of money as opposed to in-kind benefits or services, often referring to wages, salaries, or other forms of financial reward.
Labor Time
The amount of work hours or effort put in by employees or workers in the production of goods or services.
Annual Interest
The amount of interest paid or earned over a one-year period, typically expressed as a percentage of the principal sum.
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