The Area That Contains the Values That Satisfies All the Constraints

question 21

Multiple Choice

The area that contains the values that satisfies all the constraints in a linear programming problem is known as the _________________ space.

• A)optimal solution
• B)non-optimal solution
• C)feasible solution
• D)infeasible solution.

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Definitions:

Unlimited Liability

Unlimited liability refers to the full responsibility of business owners to cover all debts and legal actions against the business, potentially using personal assets.

Liquidation

The process of converting assets into cash or cash equivalents by selling them, often used to pay off debts or in closing down a business.

Capital Deficiency

A financial situation where a company’s liabilities exceed its assets, indicating potential insolvency.

Schedule of Cash Payments

Schedule of Cash Payments is a detailed plan that outlines all expected cash payments to be made by a business over a specific period.