Consider the following statements I. If the feasible region of an LPP is undbounded then maximum or minimum value of the obJective function Z = ax + by may or may not exist . II. Maximum value of the objective function Z = ax + by in an LPP always occurs at only one corner point of the feasible region. Ill. In an LPP, the minimum value of the objective function Z = ax + by is always 0, if origin is one of the corner point of the feasible region. IV. In an LPP, the maximum value of the objective function Z = ax + by is always finite. Which of the following statements are true?
Consider the following statements I. If the feasible region of an LPP is undbounded then maximum
Consider the following statements I. If the feasible region of an LPP is undbounded then maximum or minimum value of the obJective function Z = ax + by may or may not exist . II. Maximum value of the objective function Z = ax + by in an LPP always occurs at only one corner point of the feasible region. Ill. In an LPP, the minimum value of the objective function Z = ax + by is always 0, if origin is one of the corner point of the feasible region. IV. In an LPP, the maximum value of the objective function Z = ax + by is always finite. Which of the following statements are true?
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