Examlex
The requirement that each term in the objective function only contains a single variable is in a linear program is referred to as:
Limited Quantities
Refers to the restricted availability of goods or resources, which can affect pricing, demand, and supply conditions.
Opportunity Costs
The penalty of bypassing the next most advantageous option when a decision is made.
Small Business
A privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a medium or large company.
Risk-Free
Refers to an investment that is considered to have no risk of financial loss.
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