Which of the following statements is/are CORRECT for LPP?

(i) The feasible region for an LP problem is always a polyhedral convex set.

(ii) The feasible region for an LP problem can be a convex or concave set.

(iii) The optimal solution of an objective function (if it exists) must occur at a vertex of the feasible region.

(iv) In the case of the unbounded feasible region if M is the maximum value at all the corner points, then M is the maximum value of the objective function z = ax + by if the open half plane is determined by ax + by > M has no point in common with the feasible region.

1
(ii), (iii) and (iv)
2
(i), (iii) and (iv)
3
(i) and (iii)
4
(i) and (iv)

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