Linear programming models used to produce an aggregate operations plan:
I.are based on a total cost formula as a linear objective function.
II.is the most widely used technique for aggregate operations planning.
III.establishes an optimal (least cost)solution (if it exists).
A) I only
B) II only
C) III only
D) I and III only
E) I, II, and III

Question

Quizplus · Accepted Answer

Linear programming models use a linear objective function to minimize total costs and can establish an optimal solution if one exists. However, they are not the most widely used technique for aggregate operations planning.

Linear Programming Models Used to Produce an Aggregate Operations Plan