LP can be applied in farm management problems is relates to the allocation of resources such as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ , in such a way that is maximizes net revenue

Related MCQs

• Operations Research techniques helps the directing authority in optimum allocation of various limited resources, such as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ models involves the allocation of resources to activities in such a manner that some measure of effectiveness is optimized.
• Allocation problems can be solved by
• Allocation problems can be solved by
• State which of the two statements is correct (i) the cells in the transportation table can be classified in to occupied cells and unoccupied cells (ii) optimal solution is a feasible solution (not necessarily basic ) which maximizes the total cost
• State which of the two statements is correct (i) the cells in the transportation table can be classified in to occupied cells and unoccupied cells (ii) optimal solution is a feasible solution (not necessarily basic ) which maximizes the total cost
• LPP is exactly used in solving what kind of resource allocation problems?
• Any feasible solution which optimizes (minimizes or maximizes) the objective function of the LPP is called its ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Any feasible solution which optimizes (minimizes or maximizes) the objective function of the LPP is called its ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Linear Programming technique is used to allocate scarce resources in an optimum manner in problems of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ ?