Solved

Which Is True Regarding Optimization Models

Question 17

Multiple Choice

Which is true regarding optimization models?


A) Optimization models are based on precise mathematical procedures that are guaranteed to find the "best" solution.
B) Optimization models do not always provide an optimum solution,but are able to accommodate broad problem definitions.
C) The Grid Technique is an approach to optimization modeling.
D) Optimization models will guarantee increased profits.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents