A cost that is incurred no matter what values the decision variables assume is a(n)
A)reduced cost.
B)optimal cost.
C)sunk cost.
D)dual cost.

Name: A cost that is incurred no matter what values the decision variables assume is a(n) A)reduced cost. B)optimal cost. C)sunk cost. D)dual cost.
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Question

Quizplus · Accepted Answer

A sunk cost is a cost that has already been incurred and cannot be recovered, regardless of the decision made. It is an unavoidable cost and is not affected by the values of decision variables.

A Cost That Is Incurred No Matter What Values the Decision