LPP is exactly used in solving what kind of resource allocation problems?

Related MCQs

• Every LPP is associated with another LPP is called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Any solution to a LPP which satisfies the non‐ negativity restrictions of the LPP is called its ‐‐‐‐‐‐‐‐
• Every LPP is associated with another LPP is called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Any solution to a LPP which satisfies the non‐ negativity restrictions of the LPP is called its ‐‐‐‐‐‐‐‐
• Currently, LPP is used in solving a wide range of practical ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Currently, LPP is used in solving a wide range of practical ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
•                specifies the objective or goal of solving the LPP.
• Which method is an iterative procedure for solving LPP in a finite number of steps ?
• Please state which statement is incorrect. (i) Linear programming was first formulated by an English economist L.V. Kantorovich (ii) LP is generally used in solving maximization or minimization problems subject to certain assumptions.
• Please state which statement is incorrect. (i) Linear programming was first formulated by an English economist L.V. Kantorovich (ii) LP is generally used in solving maximization or minimization problems subject to certain assumptions.