Question 1

Computing the consistency ratio for a criterion's pair-wise comparison matrix is the next step after

Accepted Answer

A)  developing the criterion's pair-wise comparison matrix. 
B)  converting the criterion's pair-wise comparison matrix to a normalized matrix. 
C)  developing the criterion's priority vector. 
D)  developing the overall priority vector. 
A)  developing the criterion's pair-wise comparison matrix. 
B)  converting the criterion's pair-wise comparison matrix to a normalized matrix. 
C)  developing the criterion's priority vector. 
D)  developing the overall priority vector.

Question 2

Rosie's Ribs is in need of an office management software package. After considerable research, Rosie has narrowed her choice to one of three packages: N-able, VersaSuite, and SoftTrack. She has determined her decision-making criteria, assigned a weight to each criterion, and rated how well each alternative satisfies each criterion.   ​
Using a scoring model, determine the recommended software package for Rosie's.

Accepted Answer

N-Able = 1

Question 3

As treasurer of the school PTA, you chair the committee to decide how the $20,000 raised by candy sales will be spent. Four kinds of projects have been proposed, and facts on each are shown below.   ​
Develop a goal programming model that would represent these goals and priorities.
Priority 1
Goal 1
Spend the entire $20,000.
Goal 2
Do not use more than 50 person-days of volunteer time
Priority 2
Goal 3
Provide at least as many encyclopedias and computers as requested.
Goal 4
Provide at least as many field trips as requested.
Goal 5
Do not provide any more basketball goals than requested.

Accepted Answer

Let
B = number of basketball goals
E = n

Question 4

Goal programming with preemptive priorities never permits trade-offs between

Accepted Answer

A)  goals with the same priority level and the same weights. 
B)  goals with different priority levels. 
C)  goals with the same priority level and different weights. 
D)  any goals. 
A)  goals with the same priority level and the same weights. 
B)  goals with different priority levels. 
C)  goals with the same priority level and different weights. 
D)  any goals.

Question 5

The overall priorities for decision alternatives

Accepted Answer

A)  are the sum of the products of the criterion priority times the priority of the decision alternative with respect to that criterion. 
B)  sum to 1. 
C)  indicate what choice is preferred, but do not force that choice to be made. 
D)  each of the above is true. 
A)  are the sum of the products of the criterion priority times the priority of the decision alternative with respect to that criterion. 
B)  sum to 1. 
C)  indicate what choice is preferred, but do not force that choice to be made. 
D)  each of the above is true.

Question 6

For a scoring model, the decision maker evaluates each decision alternative using equally weighted criteria.

Accepted Answer

A) True 
 B)False

Question 7

When using a linear programming approach to solving a goal programming problem, a linear program must be solved for each

Accepted Answer

A)  goal. 
B)  pair of deviation variables. 
C)  priority level. 
D)  pair-wise comparison. 
A)  goal. 
B)  pair of deviation variables. 
C)  priority level. 
D)  pair-wise comparison.

Question 8

John Harris is interested in purchasing a new Harley-Davidson motorcycle. He has narrowed his choice to one of three models: Sportster Classic, Heritage Softtail, and Electra Glide. After much consideration, John has determined his decision-making criteria, assigned a weight to each criterion, and rated how well each decision alternative satisfies each criterion.   Using a scoring model, determine the recommended motorcycle model for John.

Accepted Answer

S₁ = 5(3)+3(5)+2(5)+3(8)+4(8)+3

Question 9

In an AHP problem, the priorities for three criteria are
Criterion 1
.1722
Criterion 2
.1901
Criterion 3
.6377
​
The priority matrix is   ​
Compute the overall priority for each choice.

Accepted Answer

a.States 1 and 2 (recover and

Question 10

​Explain why goal programming could be a good approach to use after a linear programming problem is found to be
infeasible.

Accepted Answer

Goal programming is a branch of multi-ob

Question 11

A computer company looking for a new location for a plant has determined three criteria to use to rate cities. Pair-wise comparisons are given.   ​
Determine priorities for the three relative to the overall location goal.

Accepted Answer

The answer of A computer company looking for a new...

Question 12

If a problem has multiple goals at different priority levels, then usually they can all be achieved.

Accepted Answer

A) True 
 B)False

Question 13

An item's priority reveals how it compares to its competitors on a specific criterion.

Accepted Answer

A) True 
 B)False

Question 14

A decision with more than one objective

Accepted Answer

A)  cannot have an optimal solution. 
B)  requires the decision maker to place the objectives in some order of importance. 
C)  depends on the probability of satisfying each objective. 
D)  should be decomposed into a separate model for each objective. 
A)  cannot have an optimal solution. 
B)  requires the decision maker to place the objectives in some order of importance. 
C)  depends on the probability of satisfying each objective. 
D)  should be decomposed into a separate model for each objective.

Question 15

Solve the following problem graphically:
Min
P1(d1+) + P2(d2−)
s.t.
3x1 + 5x2 ≤ 45
3x1 + 2x2 − d1+ + d1− = 24
x1 + x2 − d2+ + d2− = 10
x1, x2, d1−, d1+, d2−, d2+ ≥ 0

Accepted Answer

Question 16

Durham Designs manufactures home furnishings for department stores. Planning is underway for the production of items in the "Wildflower" fabric pattern during the next production period.   ​
Inventory of the Wildflower fabric is 3000 yards. Five hundred hours of production time have been scheduled. Four hundred units of packaging material are available. Each of these values can be adjusted through overtime or extra purchases.
Durham would like to achieve a profit of $3200, avoid purchasing more fabric or packaging material, and use all of the hours scheduled. Give the goal programming model.

Accepted Answer

Let
B = the number of bedspreads to make

Question 17

Pair-wise comparisons are used to

Accepted Answer

A)  compare criteria in terms of the overall goal. 
B)  compare choices on each criterion. 
C)  both a and b are true. 
D)  neither a nor b is true. 
A)  compare criteria in terms of the overall goal. 
B)  compare choices on each criterion. 
C)  both a and b are true. 
D)  neither a nor b is true.

Question 18

Deviation variables that occur in the objective function indicate

Accepted Answer

A)  the targets. 
B)  the priorities. 
C)  only the areas that are of concern. 
D)  the difference between all actual and target values. 
A)  the targets. 
B)  the priorities. 
C)  only the areas that are of concern. 
D)  the difference between all actual and target values.

Question 19

Target values will never be met precisely in a goal programming problem.

Accepted Answer

A) True 
 B)False

Question 20

If airline A is moderately preferred to airline B, at a value of 3, then airline B is compared to airline A at a value of −3.

Accepted Answer

A) True 
 B)False

Computing the consistency ratio for a criterion's pair-wise comparison matrix is the next step after

Goal programming with preemptive priorities never permits trade-offs between

The overall priorities for decision alternatives

For a scoring model, the decision maker evaluates each decision alternative using equally weighted criteria.

When using a linear programming approach to solving a goal programming problem, a linear program must be solved for each

In an AHP problem, the priorities for three criteria are Criterion 1 .1722 Criterion 2 .1901 Criterion 3 .6377 The priority matrix is Compute the overall priority for each choice.

Explain why goal programming could be a good approach to use after a linear programming problem is found to be infeasible.

A computer company looking for a new location for a plant has determined three criteria to use to rate cities. Pair-wise comparisons are given. Determine priorities for the three relative to the overall location goal.

If a problem has multiple goals at different priority levels, then usually they can all be achieved.

An item's priority reveals how it compares to its competitors on a specific criterion.

A decision with more than one objective

Solve the following problem graphically: Min P₁(d₁⁺) + P₂(d₂−) s.t. 3x₁ + 5x₂ ≤ 45 3x₁ + 2x₂ − d₁⁺ + d₁− = 24 x₁ + x₂ − d₂⁺ + d₂− = 10 x₁, x₂, d₁−, d₁⁺, d₂−, d₂⁺ ≥ 0

Pair-wise comparisons are used to

Deviation variables that occur in the objective function indicate

Target values will never be met precisely in a goal programming problem.

If airline A is moderately preferred to airline B, at a value of 3, then airline B is compared to airline A at a value of −3.

Introduction

An Introduction to Linear Programming

Linear Programming: Sensitivity Analysis and Interpretation of Solution

Linear Programming Applications in Marketing, Finance, and Operations Management

Advanced Linear Programming Applications

Distribution and Network Models

Integer Linear Programming

Nonlinear Optimization Models

Project Scheduling: Pertcpm

Inventory Models

Waiting Line Models

Simulation

Decision Analysis

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 14: Multicriteria Decisions

Computing the consistency ratio for a criterion's pair-wise comparison matrix is the next step after

Goal programming with preemptive priorities never permits trade-offs between

The overall priorities for decision alternatives

For a scoring model, the decision maker evaluates each decision alternative using equally weighted criteria.

When using a linear programming approach to solving a goal programming problem, a linear program must be solved for each

In an AHP problem, the priorities for three criteria are Criterion 1 .1722 Criterion 2 .1901 Criterion 3 .6377 ​ The priority matrix is ​ Compute the overall priority for each choice.

​Explain why goal programming could be a good approach to use after a linear programming problem is found to be infeasible.

A computer company looking for a new location for a plant has determined three criteria to use to rate cities. Pair-wise comparisons are given. ​ Determine priorities for the three relative to the overall location goal.

If a problem has multiple goals at different priority levels, then usually they can all be achieved.

An item's priority reveals how it compares to its competitors on a specific criterion.

A decision with more than one objective

Solve the following problem graphically: Min P1(d1+) + P2(d2−) s.t. 3x1 + 5x2 ≤ 45 3x1 + 2x2 − d1+ + d1− = 24 x1 + x2 − d2+ + d2− = 10 x1, x2, d1−, d1+, d2−, d2+ ≥ 0

Pair-wise comparisons are used to

Deviation variables that occur in the objective function indicate

Target values will never be met precisely in a goal programming problem.

If airline A is moderately preferred to airline B, at a value of 3, then airline B is compared to airline A at a value of −3.

Introduction

An Introduction to Linear Programming

Linear Programming: Sensitivity Analysis and Interpretation of Solution

Linear Programming Applications in Marketing, Finance, and Operations Management

Advanced Linear Programming Applications

Distribution and Network Models

Integer Linear Programming

Nonlinear Optimization Models

Project Scheduling: Pertcpm

Inventory Models

Waiting Line Models

Simulation

Decision Analysis

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

In an AHP problem, the priorities for three criteria are Criterion 1 .1722 Criterion 2 .1901 Criterion 3 .6377 The priority matrix is Compute the overall priority for each choice.

Explain why goal programming could be a good approach to use after a linear programming problem is found to be infeasible.

A computer company looking for a new location for a plant has determined three criteria to use to rate cities. Pair-wise comparisons are given. Determine priorities for the three relative to the overall location goal.

Solve the following problem graphically: Min P₁(d₁⁺) + P₂(d₂−) s.t. 3x₁ + 5x₂ ≤ 45 3x₁ + 2x₂ − d₁⁺ + d₁− = 24 x₁ + x₂ − d₂⁺ + d₂− = 10 x₁, x₂, d₁−, d₁⁺, d₂−, d₂⁺ ≥ 0