The Objective Function for a Linear Optimization Problem Is: Max

question 16

Multiple Choice

The objective function for a linear optimization problem is: Max 3x + 2y, with one of the constraints being x, y = 0, 1. x and y are the only decision variables. This is an example of a _____.

• A) nonlinear program
• B) mixed-integer linear program
• C) LP relaxation of the integer linear program
• D) binary integer linear program

---

Definitions:

Taxes

Compulsory charges imposed by governments on individuals or entities to fund public services and infrastructure.

Investing Activity

Transactions involving the purchase and sale of long-term assets and investments, part of a company's cash flow statement that indicates how funds are used and generated.

Corporation

Business organization that is both a legal and accounting entity.

Operating Activities

Business activities directly related to the production and delivery of goods and services, which are reflected in the cash flow statement.