What can be defined as a useful idle resource which has economic value eg; raw materials, spare parts, finished items, etc?

Related MCQs

• The value of one extra unit of resource is called in simplex.
• Any set of non‐negative allocations (Xij>0) which satisfies the raw and column sum (rim requirement )is called a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Any set of non‐negative allocations (Xij>0) which satisfies the raw and column sum (rim requirement )is called a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Any column or raw of a simplex table is called a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Before starting to solve the problem, it should be balanced. If not then make it balanced by ‐‐‐‐‐ ‐‐‐‐‐‐ column incase demand is less than supply or by adding ‐‐‐‐‐‐‐‐‐‐‐‐ raw incase supply is less than the demand
• Any column or raw of a simplex table is called a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Before starting to solve the problem, it should be balanced. If not then make it balanced by ‐‐‐‐‐ ‐‐‐‐‐‐ column incase demand is less than supply or by adding ‐‐‐‐‐‐‐‐‐‐‐‐ raw incase supply is less than the demand
• A resource which is completely utilized is called in simplex
• The type of constraint which specifies maximum capacity of a resource is                       ‘or equal to’ constraint.
• A resource which is partially utilized is called in simplex.