The key concept in goal programming

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Reference no: EM132241227

1. The term ‘iterative solution procedure’ means that:

a. Optimal solution can be found quickly.

b. The decision maker investigates a variety of solutions to find one that is most satisfactory.

c. The solution algorithm executes in cycles.

d. A known number of iterations is required to find the optimal solution to the problem.

2. Problems that model a situation when multiple conflicting objectives occur are called:

a. Multiple objective linear programming (MOLP) problems.

b. Decision problems.

c. Conflict problems.

d. Stress problems.

3. The key concept in goal programming (GP) is:

a. Recognizing the key goals.

b. Relaxing the hard constraints.

c. Limiting the number of soft constraints.

d. Reconciling trade-offs between conflicting goals.

4. In multi objective linear programming (MOLP) minimization problem, one way to minimize undesirable deviation from target for a goal in the optimal solution is to:

a. Assign a small positive value to the weight associated with this goal in the objective function.

b. Remove the goal from the objective function.

c. Assign a zero value to the weight associated with this goal in the objective function.

d. Assign a large value to the weight associated with this goal in the objective function.

Reference no: EM132241227

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