LP: FUNDAMENTALS

What is the objective of a Linear Programming problem?

• Maximizing or minimizing a given objective function

• Finding the derivative of a function

• Identifying nonlinear relationships

• None of the above

Which of the following is NOT an assumption of Linear Programming?

• Proportionality

• Additivity

• Non-linearity

• Divisibility

Which of the following is a key component of an LP model?

• Objective function

• Constraints

• Decision variables

• All of the above

A Linear Programming model is called "linear" because:

• The variables are independent

• All mathematical relationships are linear

• There is only one decision variable

• It has only two constraints

Which real-world problem is best suited for Linear Programming?

• Optimizing production in a factory

• Predicting stock market trends

• Analyzing social media sentiment

• Studying climate change patterns