If there are no other feasible points with a larger objective function value in the entire feasible region, a feasible solution is
A)an efficient frontier.
B)a global maximum.
C)not a local maximum.
D)a global minimum.

Question

Quizplus · Accepted Answer

A feasible solution with no other feasible points with a larger objective function value in the entire feasible region is the global maximum. This means that it is the best possible solution among all feasible solutions. Efficient frontier is a set of optimal solutions that achieve the best possible trade-off between two or more objectives. Local maximum refers to a point where the objective function is highest in its immediate vicinity but there may be other points with higher objective function values outside this vicinity. Global minimum refers to a point where the objective function is lowest in the entire feasible region.

If There Are No Other Feasible Points with a Larger