When constraint in linear programming model is relaxed

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Reference no: EM131998104

1. Assume your uncle recorded his salary history during a 40-year career and found that it had increased 10-fold. If inflation averaged 4% annually during the period, then over his career his purchasing power:

A) decreased.

B) increased by nearly 1% annually.

C) increased by nearly 2% annually.

D) remained on par with inflation.

2. When a constraint in a linear programming model is relaxed, the objective function value never will improve.

Please provide your answer in the rich text box.

A True

B False

3. When a constraint in a linear programming model is relaxed, the objective function value never will improve

True or False

Reference no: EM131998104

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