Which of the Following Is NOT True Regarding an LP

question 60

Multiple Choice

Which of the following is NOT true regarding an LP model of the assignment problem?

• A)Costs appear in the objective function only.
• B)All constraints are of the ≥ form.
• C)All constraint left-hand-side coefficient values are 1.
• D)All decision variable values are either 0 or 1.

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Definitions:

Larger Output

Production at a higher volume, often pursued to achieve economies of scale and reduce the average cost per unit.

Government Purchases

Expenditures by the government sector for goods and services that government consumes in providing public services and for public capital that has long-term usage.

Consumption

The total amount of goods and services consumed by households over a specific time period.

Nominal GDP

The total worth of all end products and services made inside a nation over a specified time frame, valued at present-day prices.