In MOLP, a Decision Alternative Is Dominated If ​Another Alternative

question 55

True/False

In MOLP, a decision alternative is dominated if ​another alternative produces a better value of at least one objective without worsening the value of other objectives

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Definitions:

Standardized Products

Goods or services produced to a uniform specification that ensures consistency and compatibility across different uses and customers.

Credit Periods

The timeframe given by a seller to the buyer to pay for the goods or services received, usually measured in days.

Terms Of Sale

The conditions under which a sale is conducted, detailing payment terms, delivery times, warranties, and prices.

Product Perishability

Indicates how quickly a product will lose its value if not sold or consumed within a short period.