If a Slack Variable Has a Positive Value (Is Basic)

question 68

Multiple Choice

If a slack variable has a positive value (is basic) in the optimal solution to a linear programming problem, then the shadow price of the associated constraint

• A) is always zero.
• B) is always greater than zero.
• C) is always less than zero.
• D) could be any value (i.e., zero greater than zero or less than zero).

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Definitions:

Low-Cost Suppliers

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Baldridge Award

A prestigious award given by the United States to organizations that demonstrate excellence in quality management and performance.

Zero Defects

A quality management concept aiming for the reduction of defects through continuous improvement and aiming for no defects in the production process.

Deming Management

A management approach based on the principles of W. Edwards Deming, focusing on continuous improvement, quality control, and client satisfaction.