Question 1

In a revenue management model, dual prices tell reservation agents the revenue loss associated with overbooking each ODIF.

Accepted Answer

A) True 
 B)False

Question 2

If the inputs of the composite unit in DEA are greater than the inputs for an individual unit, then the composite is more efficient.

Accepted Answer

A) True 
 B)False

Question 3

For a two-person, zero-sum, mixed-strategy game, each player selects its strategy according to

Accepted Answer

A)  what strategy the other player used last. 
B)  a fixed rotation of strategies. 
C)  a probability distribution. 
D)  the outcome of the previous game. 
A)  what strategy the other player used last. 
B)  a fixed rotation of strategies. 
C)  a probability distribution. 
D)  the outcome of the previous game.

Question 4

For a two-person, zero-sum, mixed-strategy game, it is necessary to solve the LP for each player in order to learn both players' optimal strategies.

Accepted Answer

A) True 
 B)False

Question 5

The composite unit in DEA

Accepted Answer

A)  has as output a weighted average of the outputs of the individual units. 
B)  has as input a weighted average of the inputs of the individual units. 
C)  has outputs greater than or equal to the outputs of any individual unit. 
D)  All of the alternatives are correct. 
A)  has as output a weighted average of the outputs of the individual units. 
B)  has as input a weighted average of the inputs of the individual units. 
C)  has outputs greater than or equal to the outputs of any individual unit. 
D)  All of the alternatives are correct.

Question 6

If it is optimal for both players in a two-person, zero-sum game to select one strategy and stay with that strategy regardless of what the other player does, the game

Accepted Answer

A)  has more than one equilibrium point. 
B)  will have alternating winners. 
C)  will have no winner. 
D)  has a pure strategy solution. 
A)  has more than one equilibrium point. 
B)  will have alternating winners. 
C)  will have no winner. 
D)  has a pure strategy solution.

In a revenue management model, dual prices tell reservation agents the revenue loss associated with overbooking each ODIF.

If the inputs of the composite unit in DEA are greater than the inputs for an individual unit, then the composite is more efficient.

For a two-person, zero-sum, mixed-strategy game, each player selects its strategy according to

For a two-person, zero-sum, mixed-strategy game, it is necessary to solve the LP for each player in order to learn both players' optimal strategies.

The composite unit in DEA

If it is optimal for both players in a two-person, zero-sum game to select one strategy and stay with that strategy regardless of what the other player does, the game

Introduction

An Introduction to Linear Programming

Linear Programming: Sensitivity Analysis and Interpretation of Solution

Linear Programming Applications in Marketing, Finance, and Operations Management

Distribution and Network Models

Integer Linear Programming

Nonlinear Optimization Models

Project Scheduling: Pertcpm

Inventory Models

Waiting Line Models

Simulation

Decision Analysis

Multicriteria Decisions

Time Series Analysis and Forecasting

Markov Processes

Linear Programming: Simplex Method

Simplex-Based Sensitivity Analysis and Duality

Solution Procedures for Transportation and Assignment Problems

Minimal Spanning Tree

Dynamic Programming

Filters

Exam 5: Advanced Linear Programming Applications

In a revenue management model, dual prices tell reservation agents the revenue loss associated with overbooking each ODIF.

If the inputs of the composite unit in DEA are greater than the inputs for an individual unit, then the composite is more efficient.

For a two-person, zero-sum, mixed-strategy game, each player selects its strategy according to

For a two-person, zero-sum, mixed-strategy game, it is necessary to solve the LP for each player in order to learn both players' optimal strategies.

The composite unit in DEA

If it is optimal for both players in a two-person, zero-sum game to select one strategy and stay with that strategy regardless of what the other player does, the game

Introduction

An Introduction to Linear Programming

Linear Programming: Sensitivity Analysis and Interpretation of Solution

Linear Programming Applications in Marketing, Finance, and Operations Management

Distribution and Network Models

Integer Linear Programming

Nonlinear Optimization Models

Project Scheduling: Pertcpm

Inventory Models

Waiting Line Models

Simulation

Decision Analysis

Multicriteria Decisions

Time Series Analysis and Forecasting

Markov Processes

Linear Programming: Simplex Method

Simplex-Based Sensitivity Analysis and Duality

Solution Procedures for Transportation and Assignment Problems

Minimal Spanning Tree

Dynamic Programming

Filters