PRC-2 · Chapter 4 · Question 1 of 60
Which of the following best defines linear programming in a business context?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) A mathematical method for determining the best outcome, such as maximum profit, subject to limiting constraints.
Explanation
Linear programming is a mathematical optimization technique used to find the best possible outcome (like minimizing cost or maximizing profit) within a given mathematical model containing linear constraints.
More Linear Programming MCQs
- Q3Which specific method or theorem is widely used to find the optimal combination of values for x and y within a feasible region?
- Q4If a manufacturer has 4 workers, each working 8 hours a day, and it takes 2 hours of labor to produce one unit of product 'x', which…
- Q5What is the term for a constraint in a linear programming model that does not impact the formation of the feasible region because another…
- Q6Under what specific condition does the straight line representing a linear equation pass exactly through the origin (0,0)?
- Q7Which of the following mathematical equations represents a straight line that passes through the origin?