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:

Theory of the Multiplier

An economic theory suggesting that an initial increase in spending leads to increased income and consumption, further magnifying economic activity.

Disposable Income

Disposable income for households to spend or save after accounting for income taxes.

Autonomous Consumption

The level of consumption spending that occurs when income is zero, representing the expenditures necessary for basic needs.

APC

Absolute Plate Count, a method used in microbiology to estimate the total number of viable bacteria in a sample. If this is not the intended context, then NO.