A manager wants to ensure that he does not exceed his budget by more than $1000 in a goal programming problem. If the budget constraint is the third constraint in the goal programming problem which of the following formulas will best ensure that the manager's objective is met? A) MIN d₃⁺ B) d₃− ≥ 1000 C) d₃⁺ = 1000 D) d₃⁺ ≤ 1000

Question

Quizplus · Accepted Answer

The budget constraint should be in the form of a constraint that limits the total cost of the solution. Option A is the objective function, not a constraint. Option B provides only a lower limit on the amount by which the budget constraint cannot be exceeded, but not an upper limit. Option C sets the exact value of the constraint, which may not allow for any flexibility in the solution. Option D, which limits the total cost of the solution to not exceeding $1000, is the best choice.

A Manager Wants to Ensure That He Does Not Exceed