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.

---

Definitions:

Discounted Price

A reduced price from the original price, often applied during sales or due to promotions.

Credit Terms

The conditions under which credit is extended by a lender to a borrower, including repayment timing, interest rate, and other stipulations.

Carrying Cost

The total cost of holding inventory, including storage, insurance, and taxes.

Fixed Cost

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.