A Binding Greater Than or Equal to (≥) Constraint in a Minimization

question 55

Multiple Choice

A binding greater than or equal to (≥) constraint in a minimization problem means that

• A) the variable is up against an upper limit.
• B) the minimum requirement for the constraint has just been met.
• C) another constraint is limiting the solution.
• D) the shadow price for the constraint will be positive.