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Question
If the feasible region of a linear programming problem with objective function Z = ax + by, is bounded, then which of the following is correct?
Options
It will only have a maximum value.
It will only have a minimum value.
It will have both maximum and minimum values.
It will have neither maximum nor minimum value.
MCQ
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Solution
It will have both maximum and minimum values.
Explanation:
If z = ax + by is bounded is will have both maximum and minimum values.
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