Which of the following is not a requirement of a linear programming problem?
A) an objective function, expressed in linear terms
B) constraints, expressed as linear equations or inequalities
C) an objective function to be maximized or minimized
D) alternative courses of action
E) one constraint or resource limit for each decision variable
E
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In the corn futures contract a number of different types of corn can be delivered (with price adjustments specified by the exchange) and there are a number of different delivery locations. Which of the following is true
A. This flexibility tends increase the futures price. B. This flexibility tends decrease the futures price. C. This flexibility may increase and may decrease the futures price. D. This flexibility has no effect on the futures price
Which of the following is true about American entrepreneurs?
A) they work hard B) many work from home C) they are all ages D) all of the above