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Which of the following is a method in which parallel cost lines are plotted in the LP graphical solution approach to determine the least cost solution to LP problems with cost minimization objective?
Valid Assignment
Legally effective transfer of rights, property, or obligations from one party to another.
Consideration
Something of value that is exchanged between parties in a contract, a critical element for the contract to be legally binding.
Implied Warranties
Guarantees that are not written down or explicitly stated but are understood to exist in a transaction, providing assurance that a product or service will meet certain standards.
Assignor
The party in a contract who transfers their rights or interests to another party, known as the assignee.
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