If No Other Feasible Solution to a Multi-Objective Linear Programming

question 14

Multiple Choice

If no other feasible solution to a multi-objective linear programming (MOLP) problem allows an increase in any objective without decreasing at least one other objective, the solution is said to be

• A) dually optimal.
• B) Pareto optimal.
• C) suboptimal.
• D) maximally optimal.

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Definitions:

Profitability

The state or condition of yielding financial profit or gain, often measured as a ratio of net profits to total assets.

Breakeven Point

The point where revenues just equal costs.

Just-In-Time

A manufacturing strategy that aligns raw-material orders with production schedules to minimize inventory costs.

Opportunity Situation

A scenario in which conditions are favorable for achieving a specific goal or for seizing a strategic advantage.