Which one of the following techniques is not a mathematical programming technique?

A) linear programming models
B) transportation models
C) analytical hierarchy process
D) integer linear programming technique

Answer: C

Business

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Simpsons, a manufacturer of air conditioners, finds that its sales potential is less than its market potential even when it spends a sufficient amount on advertisements and after sale services

What is the basic reason behind such an observation by the marketers of Simpsons?

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If funding is available to purchase additional resources, then a decision maker must recommend that the company invest in resources represented by:

a. A binding constraint. b. A non-binding constraint. c. A non-negativity constraint. d. None of the above

Business