Using linear programming (LP)to determine the optimum investment portfolio that will achieve certain returns while minimizing investment risks is an example of applying LP to solving ______ problems.
A)financial planning
B)production planning
C)assignment
D)transportation

Question

Quizplus · Accepted Answer

Linear programming is widely used in financial planning to optimize the portfolio of investments to achieve certain financial goals, such as maximizing returns while minimizing risks. Therefore, using LP to determine the optimum investment portfolio belongs to financial planning problems. The other options, such as production planning, assignment, and transportation, belong to different categories of problems that can be solved using LP but are not directly related to optimizing investment portfolios.

Using Linear Programming (LP)to Determine the Optimum Investment Portfolio That