When does a linear programming problem have more than one optimal solution?

A.1. When does a linear programming problem have more than one optimal solution? (5 marks)
A.2. What is the main difference between a Transhipment problem and Transportation problem? (5 marks)
A.3. When do we need to use a dummy/binary variable in a regression model? (5 marks)
A.4. What are the three types of decision-making environment? (5 marks)
A.5. What is ABC analysis? Explain the purpose of ABC analysis. How can ABC analysis be helpful for managing a business? (5 marks)

Management

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February 17, 2016 11:05 am

When does a linear programming problem have more than one optimal solution?

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Related Model Questions

Priscilla White is planning a new business venture business called “Moreton Bay Bags”.

Briefly describe how you would recover the following groups of microorganisms from marine ecosystems: i. Methanogens ii. Damaged cells iii. Oligotrophic bacteria

The development effort for a software project is 500 person months. The empirically determined constant (K) is 0.3. The complexity of the code is quite high and is equal to 8. Calculate the total effort expended (M) if: i. Maintenance team has good level of understanding of the project (d=0.9)

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