The Per-Unit Change in the Objective Function Associated with Assigning

question 12

Multiple Choice

The per-unit change in the objective function associated with assigning flow to an unused arc in the transportation simplex method is called the

• A)net evaluation index.
• B)degenerate value.
• C)opportunity loss.
• D)simplex multiplier.

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Definitions:

Rules Of Thumb

Simple, practical guidelines or principles, typically based on experience rather than theory, used to make judgments and decisions.

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes, often leading to rapid judgements or problem-solving strategies.

Displacement

A defense mechanism where mind shifts emotional impulses from a real object to a safer substitute target.

Productivity

Productivity refers to the measure of efficiency of a person, machine, factory, or system in converting inputs into useful outputs.