MCQ
Linear programming used to optimize mathematical procedure and is:
- ASubset of mathematical programming
- BDimension of mathematical programming
- CLinear mathematical programming
- DAll of above
Solution:
Linear programming is an extremely powerful tool for addressing a wide range of applied optimization problems.
A short list of application areas is resource allocation, production scheduling, warehousing, layout, transportation scheduling, facility location, flight crew scheduling, portfolio optimization, parameter estimation.
So, linear programming is used to subset mathematical programming.
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