Which of the Following Is a Valid Objective Function for a Linear

question 56

Multiple Choice

Which of the following is a valid objective function for a linear programming problem?

• A)Min 8xy
• B)Min 4x + 3y + (1/2)z
• C)Min 5x² + 6y²
• D)Max (x₁ + x₂)/x₃

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Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the cost per unit of output decreases with increasing scale.

Specialization of Labor

The division of labor where individuals focus on a limited scope of tasks or skills, leading to increased efficiency and productivity.

Average Fixed Costs

The fixed costs of production (costs that do not vary with the level of output) divided by the quantity of output produced.

Output

Output is the total amount of goods or services produced by a person, machine, business, or country.