Which of the Following Does Not Represent a Broad Class

question 74

Multiple Choice

Which of the following does not represent a broad class of applications of linear programming models?

• A)Blending models
• B)Financial portfolio models
• C)Logistics models
• D)Forecasting models

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Definitions:

Utility

A measure of satisfaction or pleasure that a consumer receives from consuming goods and services.

Marginal Utility Curve

A graphical representation showing the relationship between the quantity of a good consumed and the marginal utility (satisfaction) derived from it.

Negative

Refers to a detrimental or adverse condition, effect, or impact.

Marginal Utility

The change in satisfaction or utility that a person receives from consuming one additional unit of a good or service.