Separable programming will always find the optimal solution when the following is true:
A)The profit or cost graph is piecewise linear
B)There are decreasing marginal returns
C)a and b must both be true
D)Separable programming only finds an approximate solution
E)None of the above

Question

Separable programming will always find the optimal solution when the following is true:
A)The profit or cost graph is piecewise linear 
B)There are decreasing marginal returns 
C)a and b must both be true 
D)Separable programming only finds an approximate solution 
E)None of the above

Quizplus · Accepted Answer

Separable programming requires both a piecewise linear profit or cost graph and decreasing marginal returns to guarantee finding the optimal solution. Therefore, both options A and B must be true. Option D is not necessarily true, as separable programming can find the exact optimal solution if the conditions are met. Option E is not correct because option C is the correct answer.

Separable Programming Will Always Find the Optimal Solution When the Following