A company has three goals, listed in order of importance.
1) Achieve a total profit of at least $240 million.
2) Maintain the current employment level of 3,000 employees
3) Invest no more than $70 million in capital.
What is the objective function for a goal program for this situation?
A) Min P1d1- , P2d2- , P3d3+
B) Min P1d1- , P2d2+ , P2d2- , P3d3-
C) Min P1d1- , P2d2- , P2d2- , P3d3+
D) Min P1d1+ , P2d2- , P2d2- , P3d3+
Correct Answer:
Verified
Q67: Two or more goals at the same
Q68: A decision with more than one objective
A)
Q69: The objective function min P1d1- , P2d2+
A)
Q70: Goal programming solutions _ achieve all goals.
A)
Q71: If the constraint 3x1 + 4x2 +
Q73: At least one or both deviational variables
Q74: The objective function in all goal programming
Q75: A company has a goal of calling
Q76: A _ deviational variable is the amount
Q77: A positive deviational variable is the amount
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents