Which of the Following Best Defines Objective Functions

question 3

Multiple Choice

Which of the following best defines objective functions?

• A) They are limitations, requirements, or other restrictions that are imposed on any solution in an optimization model.
• B) They are quantities that an optimization model seeks to maximize or minimize.
• C) They are quantities for which no feasible solutions exist in an optimization model.
• D) They are unknown values that an optimization model seeks to determine.

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Definitions:

Lobbying

The act of attempting to influence the decisions made by officials in a government, most often legislators or members of regulatory agencies.

Politics

The activities, actions, and policies that are used to gain and hold power in a government or to influence decision-making in an organization.

Public Influence

The impact individuals or groups can have on public opinion, policy, or societal norms through various means of communication or action.

Full-Time Employees

Full-time employees are individuals employed by an organization who work a minimum number of hours defined by their employer, typically with benefits and job security.