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3 years ago

The primary benefit of a MINIMAX objective function is

Business

1 answer:

sladkih [1.3K]3 years ago

4 0

Answer:

The correct answer is letter "C": it yields a larger variety of solutions than generally available using an LP method.

Explanation:

In Goal Programming (GP), the MINIMAX objective aims to minimize the maximum deviation from any type of objective. This approach carries a larger number of solutions compared to the Linear Programming (LP) method which mainly focuses on assigning more weight to each goal in the objective function.

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You are thinking about buying a new car and will borrow $20,000 for this purchase at a 5 percent fixed rate for exactly one year

natita [175]

Answer:

You will pay back the lender exactly <u>$21,000</u>, which will represent <u>$20,600</u> of purchasing power.

Explanation:

you will pay back the lender exactly $21,000, which will represent $20,600 of purchasing power.

$20,000 for this purchase at a 5 percent fixed rate

=$20,000*5/100

=$20,000*0.05 = $1,000

=$20,000 + $1,000 = $21,000

Inflation will be 2 percent this year

=$20,000*2/100

=$20,000*0.02 = $400

=$20,000 + ($1,000 - $400)

=$20,000 + $600 = $20,600

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3 years ago

the nominal interest rate is 7 percent and the expected inflation rate is 4 percent. the real interest rate is

Hoochie [10]

Answer:

2.88%

Explanation:

According to the fisher equation :

(1 + Nominal interest ) = (1 + real interest) (1 + inflation rate)

(1.07) = (1.04) x (1 + real interest)

(1.07) / (1.04) = (1 + real interest)

1.028846

real interest rate = 2.88%

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3 years ago

Why was agricultural sector declared as critical industry and exempt from the hardest lockdown regulations

Neko [114]

Answer:

Kindly check explanation

Explanation:

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3 years ago

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Galina-37 [17]

Because then there will be a limited amount of supplies and resources on Earth, so the value will be rare and expensive.

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3 years ago

Data that is based on natural language, such as social media posts, comments, e-mail messages and so

konstantin123 [22]

A. Semi Structure Data

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3 years ago