Which of the Following Is a Basic Assumption of Linear

question 110

Multiple Choice

Which of the following is a basic assumption of linear programming?

• A)The condition of uncertainty exists.
• B)Independence exists for the activities.
• C)Proportionality exists in the objective function and constraints.
• D)Divisibility does not exist,allowing only integer solutions.
• E)Solutions or variables may take values from -∞ to +∞.

---

Definitions:

Favourable Variances

Financial indicators that actual revenues are higher or costs are lower than what was originally planned or budgeted.

Standard Costs

Predetermined costs for manufacturing a product or providing a service, used as benchmarks for measuring performance.

Product Costing

The process of determining the total cost involved in the production of a product, including material, labor, and overhead expenses.

Actual Costs

The actual costs are the genuine expenditures incurred by a business during production, operation, or other activities, as opposed to estimated or budgeted costs.