The Objective Function in a Goal Programming Model Calls for Minimizing

question 39

Multiple Choice

The objective function in a goal programming model calls for minimizing a function of the

• A)goal variables.
• B)target variables.
• C)deviation variables.
• D)preemptive variables.

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Definitions:

Senior Citizens

Individuals of an advanced age, often defined as being 65 years old or older, who may have different social, economic, and healthcare needs.

Walmart

An American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, known for its scale and efficiency in supply chain management.

Price Discrimination

The business strategy of selling the same product to different customers at different prices based on their willingness to pay.

Senior Citizens

Individuals of an older age, often defined by legal or social age thresholds, who may be eligible for certain benefits.