The first step in formulating an LP problem is
A) Graph the problem.
B) Understand the managerial problem being faced.
C) Identify the objective and the constraints.
D) Define the decision variables.

Question

Quizplus · Accepted Answer

Understanding the managerial problem being faced is crucial as it lays the foundation for formulating a linear programming (LP) problem by identifying what needs to be solved.

The First Step in Formulating an LP Problem Is