What is the difference between a feasible solution and an optimal solution?
What will be an ideal response?
A feasible solution, like in linear programming, is a possible problem solution that does not violate any constraints. It may or may not be optimal. The optimal solution provides the BEST solution that satisfies all of the constraints.
You might also like to view...
Which of the following costs exhibits both decreasing and increasing marginal costs over a specific range of activity?
A. Semivariable cost. B. Step-fixed cost. C. Curvilinear cost. D. Step-variable cost. E. Fixed cost.
Common size financial statements are prepared by converting dollar amounts to percentages.
Answer the following statement true (T) or false (F)
It is usually necessary for a firm to use a family brand rather than individual brands if it plans to offer products at different quality and price levels to different target markets.
Answer the following statement true (T) or false (F)
The constitutional doctrine of "incorporation" guarantees that a President cannot veto salary increases for federal judges
Indicate whether the statement is true or false