The linear optimization technique for allocating constrained resources among different products is:
A) linear regression analysis.
B) linear disaggregation.
C) linear decomposition.
D) linear programming.
E) linear tracking analysis.

Question

Quizplus · Accepted Answer

Linear programming is a mathematical optimization technique that is used to allocate limited resources among different products in a way that maximizes profit or minimizes costs. It involves formulating a linear objective function and a set of linear constraints, and then solving for the values of decision variables that satisfy both the objective function and the constraints. This technique is widely used in business, economics, engineering, and other fields to solve a variety of optimization problems. Therefore, the best choice for allocating constrained resources among different products is linear programming.

The Linear Optimization Technique for Allocating Constrained Resources Among Different