MT1 Flashcards
1
Q
Objective function coefficients
A
-
2
Q
Optimal solution
A
-
3
Q
Alternate optimal solutions
A
-
4
Q
Decision variable
A
-
5
Q
Constraints
A
-
6
Q
Binding and non-binding constraints
A
-
7
Q
Feasible region
A
-
8
Q
Production possibility frontier
A
-
9
Q
Isoprofit or equal profit lines
A
-
10
Q
Redundant constraints
A
Don’t affect feasible region
11
Q
Corner points
A
-
12
Q
Non-negativity
A
-
13
Q
Bounded region or solution
A
-
14
Q
Unbounded region or solution
A
-
15
Q
Problem formulation
A
-
16
Q
Certainty
A
Proportionality
17
Q
Additivity
A
-
18
Q
Divisibility
A
-
19
Q
Maximization and minimization
A
-
20
Q
Surplus
A
-
21
Q
Slack
A
-
22
Q
RHS
A
-
23
Q
LHS
A
-
24
Q
Constraint coefficients
A
-
25
Grater than concept
Has to do with product/ obj function
26
Less than function
Has to do with resources
27
infeasibility
-
28
Linearity
Deterministic models
29
Sensitivity
-
30
Shadow price
-
31
Reduced cost
-
32
Allowable increase and decrease
-
33
100% Rule
Е. (Change/allowable change)
34
Objective function
-
