The Area That Contains the Values That Satisfies All the Constraints

question 21

Multiple Choice

The area that contains the values that satisfies all the constraints in a linear programming problem is known as the _________________ space.

• A)optimal solution
• B)non-optimal solution
• C)feasible solution
• D)infeasible solution.

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Definitions:

Credit Period

The amount of time the buyer is allowed in which to pay the seller.

Credit Memo

A document issued by a seller to a buyer, reducing the amount the buyer owes to the seller under previous invoices.

Percent Of Cash Discount

The percentage reduction in price offered for prompt payment of invoices to encourage early settlement of accounts payable.

Normal Credit Balance

The expected or usual balance of a specific account, where liability, equity, and revenue accounts typically have credit balances.