Please answer ASAP for MBA 550
The optimal solution of a minimization problem is at the extreme point _________ the origin.
exactly at
closest to
farthest from
none of the above
Expert Answer
closest to
The optimal solution point at its problem which is at its minimization is at the boundary at the area which has got a feasible solution, as the boundary must be containing the points which are closest to the origin which means zero as lowest cost.