Which of the following is NOT an assumption used by a LP allocation problem?
A)Returns from different allocations can be compared.
B)The return from any allocation is independent of other allocations.
C)The total return is the sum of the returns yielded by the different activities.
D)All data are unknown with decision making under uncertainty.

Question

Quizplus · Accepted Answer

LP allocation problems assume that returns can be compared, the return from any allocation is independent of other allocations, and the total return is the sum of the returns yielded by the different activities. LP problems do not assume that all data are unknown with decision making under uncertainty; instead, LP assumes that all data are known with certainty.

Which of the Following Is NOT an Assumption Used by a LP