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.

Related MCQs

• 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 true. (i) All linear programming problems may not have unique solutions (ii) The artificial variable technique is not a device that does not get the starting basic feasible solution.
• Please state which statement is true. (i) All linear programming problems may not have unique solutions (ii) The artificial variable technique is not a device that does not get the starting basic feasible solution.
• Which technique is used in finding a solution for optimizing a given objective, such as profit maximization or cost minimization under certain constraints?
• When a maximization assignment problem is converted in minimization problem, the resulting matrix is called matrix.
• A minimization problem can be converted into a maximization problem by changing the sign of coefficients in the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Who originally called it ‘ Programming of interdependent activities in a linear structure’ but later shortened it to ‘ Linear Programming’ ?
• Linear Programming technique is used to allocate scarce resources in an optimum manner in problems of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ ?
• LPP is exactly used in solving what kind of resource allocation problems?
• What have been constructed for Operations Research problems and methods for solving the models that are available in many cases?