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This set of Quantitative Techniques for Business Multiple Choice Questions & Answers (MCQs) focuses on Quantitative Techniques For Business Set 7

Q1 | ---------- are the restrictions or limitations imposed on the LPP
  • Variables
  • Cost
  • Profit
  • Constraints
Q2 | Region of feasible solution in LPP graphical method is called
  • Infeasible region
  • Unbounded region
  • Infinite region
  • Feasible region
Q3 | When it is not possible to find solution in LPP, it is called as case of ---------
  • Unknown solution
  • Unbounded solution
  • Infeasible solution
  • Improper solution
Q4 | When the feasible region is such that the value of objective function can extended toinfinity, it is called a case of ------------
  • Infeasible region
  • Alternate optimal
  • Unbounded solution
  • Unique solution
Q5 | When the constraints are a mix of ‘less than’ and ‘greater than’ it is called a problemhaving
  • Multiple constraints
  • Infinite constraints
  • Infeasible region
  • Mixed constraints
Q6 | In linear programming, unbounded solution means --------------
  • Infeasible region
  • Degenerate solution
  • Infinite solution
  • Unique solution