Rounding the Solution of an LP Relaxation to the Nearest

question 36

Multiple Choice

Rounding the solution of an LP Relaxation to the nearest integer values provides

• A) a feasible but not necessarily optimal integer solution.
• B) an integer solution that is optimal.
• C) an integer solution that might be neither feasible nor optimal.
• D) an infeasible solution.

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Definitions:

Equivalent Units

A concept in cost accounting that converts partially completed units of production into a number of fully completed units for inventory valuation.

Units Transferred Out

Refers to the number of units moved from one production process to the next or finished goods completed during a period.

Ending Work

The final stage or tasks involved in completing a project or process, or the concluding balances in financial accounts at the end of a period.

Activity-Based Costing

A costing methodology that assigns costs to products and services based on the resources they consume.