In a Minimization Problem, a Positive Improvement Index in a Cell

question 40

Multiple Choice

In a minimization problem, a positive improvement index in a cell indicates that:

• A) the solution is optimal.
• B) the total cost will increase if units are reallocated to that cell.
• C) there is degeneracy.
• D) the total cost will decrease if units are reallocated to that cell.
• E) the problem has no feasible solution.

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Definitions:

Original Owner

The individual or entity that first held ownership or possession of an asset, property, or business before any transfers or sales.

Venture

A new business endeavor undertaken with risk in hopes of achieving financial gain or other benefits.

Customer-focused

An approach to business that prioritizes the needs and preferences of customers in product development, sales, and service.

Business Strategy

A plan of action designed by organizations to achieve certain long-term goals and objectives by leveraging resources.