A MINIMAX Objective Function in Goal Programming (GP)

question 57

Multiple Choice

A MINIMAX objective function in goal programming (GP) :

• A) is used to minimize the maximum deviation from a goal
• B) is captured in a decision table
• C) is estimated by trial-and-error
• D) often produces an infeasible solution

---

Definitions:

Owner's Capital

The total equity or net worth owned by the proprietor of a company, reflecting the amount invested plus any retained earnings.