Separable Programming Will Always Find the Optimal Solution When the Following

question 4

Multiple Choice

Separable programming will always find the optimal solution when the following is true:

• A)The profit or cost graph is piecewise linear
• B)There are decreasing marginal returns
• C)a and b must both be true
• D)Separable programming only finds an approximate solution
• E)None of the above

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Definitions:

Just-in-time System

A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs through receiving goods only as they are needed in the production process.

Client Specifications

Client specifications are detailed descriptions provided by a client outlining the requirements, standards, and criteria for a project or product.

Quality

Good or service that is free of deficiencies.