Which of the Following Is NOT True Regarding the Linear

question 52

Multiple Choice

Which of the following is NOT true regarding the linear programming formulation of a transportation problem?

• A)Costs appear only in the objective function.
• B)The number of variables is calculated as number of origins times number of destinations.
• C)The number of constraints is calculated as number of origins times number of destinations.
• D)The constraints' left-hand-side coefficients are either 0 or 1.

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Definitions:

Utility Maximization

An economic principle where consumers attempt to get the greatest satisfaction possible from their available resources.

Demand Schedule

A table of numbers showing the amounts of a good or service buyers are willing and able to purchase at various prices over a specified period of time.

Utility Maximization

Utility Maximization is the economic principle that individuals or firms seek to achieve the highest satisfaction or benefit from their resources.

Marginal Utility

The extra contentment or usefulness experienced by consuming one more unit of a good or service.