Consider the Linear Program below. Which of the choices represents the best (tightest) lower bound?
Max 2X + Y
Subject to
X + Y ≤ 10
X, Y ≥ 0
a) (∞, -∞)
b) (-∞, -∞)
c) (0, 0)
d) (5, 0)
e) (25, 16)
Answer: d
Marketing MCQ
Max 2X + Y
Subject to
X + Y ≤ 10
X, Y ≥ 0
a) (∞, -∞)
b) (-∞, -∞)
c) (0, 0)
d) (5, 0)
e) (25, 16)
Answer: d