True about linear programming problems

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Reference no: EM131149573

1. Which of the following is true about linear programming problems:

Linear programming problems may have multiple goals or objectives specified

Linear programming problems always have an objective function and at least two constraints

Linear programming problems always involve maximizing an objective function

Linear programming problems always involve minimizing an objective function

None of the above

2. Which of the following is NOT true about linear programming problems:

Linear programming problems can be formulated both algebraically as a mathematical model and on spreadsheets

A mathematical model will be an exact representation of the real problem

Approximations and simplifying assumptions generally are required to have a workable linear programming model

In the algebraic form of a resource constraint, the coefficient of each decision variable is the resource usage per unit of the corresponding capacity

None of the above

Reference no: EM131149573

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