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Exam (elaborations)

QNT 2020 Final Exam questions and answers 100% verified.

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  • QNT 2020

QNT 2020 Final Exam questions and answers 100% verified. The best feasible solution is called - correct al solution. When using the graphical method, the region that satisfies all of the constraints of a linear programming problem is called the - correct ble region. When ...

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  • November 23, 2023
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  • Exam (elaborations)
  • Questions & answers
  • QNT 2020
  • QNT 2020
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QNT 2020 Final Exam questions and answers 100% verified. The best feasible solution is called - correct answers.optimal solution. When using the graphical m ethod, the region that satisfies all of the constraints of a linear programming problem is called the - correct answers.feasible region. When applying nonlinear programming to portfolio selection, a trade -off is being made between - correct answers.the ex pected return and the risk associated with the investment. When formulating a linear programming model on a spreadsheet, the measure of performance is located - correct answers.in the objective cell. Approximations and simplifying assumptions generally a re required t - correct answers.o have a workable model. Once a linear programming problem has been formulated, it is rare to make major adjustments to it. - correct answers.False For cost -benefit -tradeoff problems, minimum acceptable levels for each kind of benefit are prescribed and the objective - correct answers.is to achieve all these benefits with minimum cost. All constraints in a linear programming problem are either ≤ or ≥ inequalities. - correct answers.False Linear programming problems may have multiple goals or objectives specified. - correct answers.False Constraints limit the alternatives available to a decision maker. - correct answers.True

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