In quantitative analysis, the optimal solution is the mathematically-best solution. a. true b. false


  1. It is True that optimal solution is the mathematically best solution in quantitative analysis.
    Optimal solution refers to a feasible solution where the objective function reaches to the extreme value that is either maximum or minimum value. If an objective function is associated with profit function then, maximizing this function is the objective and thus the solution for which profit is maximum is optimal solution and hence, mathematically best solution. Now, if objective function had been a cost function then minimizing it would have been a solution , and the solution that gives minimum value to the cost function is optimal and mathematically best.
    LPP questions for understanding of optimal solution


Leave a Comment