Answer the following statement(s) true (T) or false (F)

1. Compared to the problems in the textbook, real-world problems generally require more variables and constraints.
2. For the multiperiod production scheduling problem in the textbook, period n ? 1's ending inventory variable was also used as period n's beginning inventory variable.
3. A company makes two products, A and B. A sells for $100 and B sells for $90. The variable production costs are $30 per unit for A and $25 for B. The company's objective could be written as: Max 190x1 ? 55x2.
4. The primary limitation of linear programming's applicability is the requirement that all decision variables be nonnegative.
5. A decision maker would be wise to not deviate from the optimal solution found by an LP model because it is the best solution.


1. True
2. True
3. False
4. False
5. False

Business

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