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When the Objective Function Can Increase Without Ever Contacting a Constraint

question 43

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When the objective function can increase without ever contacting a constraint the LP model is said to be


Definitions:

Inflation

It is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Probability Range

A statistical measure that quantifies the likelihood of various outcomes for an event, often expressed as a minimum and maximum value.

Returns

The profit or loss derived from an investment over a specific period, expressed as a percentage of the investment's initial cost.

Probability

A measure or estimation of how likely an event is to occur, often expressed as a fraction or percentage.

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