Which of the Following Is True Regarding Goal Programming

question 62

Multiple Choice

Which of the following is true regarding goal programming?

• A) The objective function is not useful when comparing goal programming solutions.
• B) We can place upper bounds on any of the deviation variables.
• C) A preemptive goal program involves deviations with arbitrarily large weights.
• D) All of these are true.

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Definitions:

Supply Analysis

The examination and evaluation of the supply side of the market, focusing on factors such as production capacity, supplier behavior, and costs.

Primary Industry

The sector of the economy that extracts and harvests natural resources directly from the Earth, such as agriculture, mining, and forestry.

Normal Goods

Goods for which demand increases as the income of the buyer increases, and vice versa.

Income Increase

A rise in the amount of money received, especially on a regular basis, through work or investments.