How Can the Following Linear Program Be Characterized

question 124

Multiple Choice

How can the following Linear Program be characterized?
Max X + Y
Subject to
X ≤ 34
X, Y ≥ 0

• A) bounded and feasible
• B) unbounded and feasible
• C) bounded and infeasible
• D) unbounded and infeasible
• E) this is not a Linear Program

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Probability

A numerical expression ranging between 0 and 1 that indicates the chance of an event taking place, where 0 means the event cannot happen and 1 means it will definitely happen.

Reservation Price

The maximum price a consumer is willing to pay for a product or service.

English Auction

A method of sale involving ascending bids, where participants bid openly against one another, and the item is sold to the highest bidder.