Busıness Decısıon Models Deneme Sınavı Sorusu #1400255

In the minimization models, what is  the objective function is alternatively named?


Profit function

Cost function

Alternative function

Program function

Objective function


Yanıt Açıklaması:

In the minimization models, the objective function is alternatively named cost function. The reason for this is the ultimate goal of minimizing something is to reduce loss or “cost”. The correct answer is B.

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