The Objective Function Coefficient of an Artificial Variable for a Minimization

question 74

Multiple Choice

The objective function coefficient of an artificial variable for a minimization linear programming problem is:

• A) +M
• B) -M
• C) 0
• D) 1
• E) an arbitrary value between 0 and positive infinity

---

Definitions:

Credit Sales

Sales made on credit, allowing the customer to pay at a later date, typically generating accounts receivable.

Credit Balance

A situation in an account where the total credits exceed the total debits, indicating a positive balance or amount owed to that account.

Bad Debt Expense

An expense recognized when a company determines that receivables cannot be collected.

Allowance for Doubtful Accounts

A contra-asset account that reduces total receivables to reflect the estimated uncollectible amounts.