Which statement is true concerning linear programming?
A)Linear programming will find the product mix that will maximize profits given the constraints.
B)Linear programming does not provide opportunity costs of constraints.
C)Linear programming does not allow for sensitivity analysis.
D)Linear programming cannot find the product mix that will maximize profits given the constraints.

Question

Quizplus · Accepted Answer

Linear programming is a mathematical optimization technique used to determine the best possible outcome, such as the product mix that will maximize profits, given the constraints present in the problem. Option B and C are not true, as linear programming provides opportunity costs of constraints and allows for sensitivity analysis. Option D is also not true, as finding the optimal product mix given constraints is a core function of linear programming.

Which Statement Is True Concerning Linear Programming