Goal Programming (GP) Is Typically

question 30

Multiple Choice

Goal programming (GP) is typically

• A) a minimization problem of the sum of weighted percentage deviations
• B) a maximization problem of positive deviations only
• C) a minimization problem of negative deviations only
• D) a maximization problem of continuous goals

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Definitions:

Situation

The set of circumstances or the context in which an event occurs or a condition exists.

Central Characteristics

The defining qualities, traits, or features that are at the heart of something, such as a concept, organization, or individual's personality.

Opportunity

A way of generating profit through unique, novel, or desirable products or services that have not been previously exploited.

Potential Economic Value

The projected worth or economic benefit that an asset, investment, or business initiative is expected to generate in the future.