For a Minimization Problem, If a Decision Variable's Final Value

question 39

Multiple Choice

For a minimization problem, if a decision variable's final value is 0, and its reduced cost is negative, which of the following is true?

• A) Alternate optimal solutions exist.
• B) There is evidence of degeneracy.
• C) No feasible solution was found.
• D) The variable has a non-negativity constraint.

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Definitions:

Information Processing

The methods by which individuals or systems gather, store, process, and disseminate information.

Bounded Rationality

A concept that individuals make decisions based on the limited information available to them, restricting them from making 'perfect' choices.

Implicit Favorites

The subconscious preference for certain individuals over others, often influencing decision-making and behavior unconsciously.

Decision Structure

The organizational framework that outlines how decisions are made, who makes them, and the processes used to reach conclusions.