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Linear programming

Aconverts a mathematical model into a physical system

Bis a technique based on mathematical theory for specifying the ways to use limited resources or constraints of a system to obtain a particular objective when these resources have alternative uses

Cmakes use of non-linear objective function

Dproblems are expressed in the form of non-linear inequalities as constraints

Answer:

B. is a technique based on mathematical theory for specifying the ways to use limited resources or constraints of a system to obtain a particular objective when these resources have alternative uses

Read Explanation:

Linear programming is a technique used for the optimization of limited resources to achieve a specific objective. It involves writing real-life problems in the form of linear equations with defined variables and constraints. LP is used for finding the largest or smallest objective function value by creating inequalities and graphing them. This technique finds applications in various fields such as industrial, management, and miscellaneous areas like agriculture and flight scheduling. LP can be performed manually or with computational software.


Related Questions:

Consider the following statements regarding project management:Which of the given statements are INCORRECT?

  1. PERT is probabilistic and CPM is deterministic.
  2. In PERT, network slack on various events is calculated,
  3. In PERT, activity duration is normally distributed and project duration is beta distributed.
  4. The critical path of a network is the path that takes the shortest time.
    Any network must have flow between sources and sink equal to capacity of:
    In the Simplex method if in pivot column all the entries are negative or zero when choosing leaving variable then
    Negative slack occurs when -
    In network techniques, PERT stands for: