The Requirement That Each Term in the Objective Function Only

question 73

Multiple Choice

The requirement that each term in the objective function only contains a single variable is in a linear program is referred to as:

• A) the proportionality assumption.
• B) the divisibility assumption.
• C) the additivity assumption.
• D) a nonlinear function.
• E) None of the choices is correct.

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Contractual Interest Rate

The agreed-upon rate of interest that is to be applied on the principal amount of loans, bonds, or other forms of debt as specified within a contract.

Market Interest Rate

The rate of interest prevailing in the market that lenders demand and borrowers pay for funds.

Contractual Interest Rate

The agreed-upon rate of interest that is to be applied to the principal amount in a financial contract.

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A reduction in the price of goods or services, typically offered to encourage purchases.