Western Governors University (WGU) MGMT6010 C207 Data Driven Decision Making Practice Exam

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Which of the following best defines linear programming?

A qualitative analysis tool for business decisions

A statistical method focusing on data correlation

A mathematical tool to optimize a function subject to linear constraints

The definition of linear programming as a mathematical tool to optimize a function subject to linear constraints is accurate because linear programming focuses on maximizing or minimizing a linear objective function while adhering to a set of linear inequalities or equations. This optimization technique is particularly valuable in various applications, such as resource allocation, production scheduling, and transportation problems, where the goal is to find the best possible outcome within specific limits.

Linear programming employs mathematical techniques to identify the most effective solution, making it essential for decision-makers who need to allocate resources efficiently. The constraints represent limitations, such as budget, materials, or time, and the objective function reflects the primary goal, like profit maximization or cost reduction.

The other options do not accurately represent linear programming: the first option describes qualitative analysis, which focuses on non-numeric factors in decision-making; the second option refers to statistical methods that deal with relationships between variables rather than optimization; and the fourth option relates to descriptive statistics, which primarily concern data summarization rather than the optimization aspect of linear programming.

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A method for calculating mean and standard deviation

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