Exam 16: Nonlinear and Non-Smooth Optimization
Exam 1: Introduction to Business Analytics50 Questions
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Exam 3: Visualizing and Exploring Data50 Questions
Exam 4: Descriptive Statistical Measures79 Questions
Exam 5: Probability Distributions and Data Modeling50 Questions
Exam 6: Sampling and Estimation59 Questions
Exam 7: Statistical Inference50 Questions
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Exam 12: Introduction to Data Mining53 Questions
Exam 13: Linear Optimization50 Questions
Exam 14: Applications of Linear Optimization62 Questions
Exam 15: Integer Optimization50 Questions
Exam 16: Nonlinear and Non-Smooth Optimization66 Questions
Exam 17: Optimization Models with Uncertainty50 Questions
Exam 18: Decision Analysis50 Questions
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According to the model, what is the total weighted distance between the 5 production cells and the phone charger?
(Multiple Choice)
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Use the table below to answer the following question(s).
Jonathan Reese is considering three stocks in which to invest with a fixed budget.The table below provides information on Jonathan's expected returns for each stock.The table also provides information, collected from market researchers, on the variance-covariance matrix of the individual stocks.He expects a total return of at least 10%.
Develop a quadratic optimization model to find the optimal allocation of the budget to each stock, and variance calculations for squared terms and cross-products based on the variance-covariance matrix.
-According to the model, what is the expected total return on all stocks?

(Multiple Choice)
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Use the table below to answer the following question(s).
Shirley Templeton is a real estate agent for Paralol Realty.Shirley is given the responsibility to manage potential customers for 5 of the Realty's bungalows.These 5 bungalows are situated in close proximity.In order to make traveling easire, Shirley decides to move to a location closer to the 5 bungalows.The table below gives the location (X and Y coordinates)of the 5 bungalows along with the number of trips she would have to make to each bungalow.Create a nonlinear model based on the data given in the table below noting that the objective is to reduce the weighted distance between Shirley's accommodation and the 5 bungalows.
Bungalow Location Data X-coordinate Y -coordinate Trips/Month Location 0 0 6 Bungalow 1 25 100 30 Bungalow 2 20 75 15 Bungalow 3 90 80 28 Bungalow 4 60 100 10
-According to the model, what is the Y-coordinate for the location of Shirley's new accommodation?
(Multiple Choice)
4.8/5
(35)
Use the table below to answer the following question(s).
Jonathan Reese is considering three stocks in which to invest with a fixed budget.The table below provides information on Jonathan's expected returns for each stock.The table also provides information, collected from market researchers, on the variance-covariance matrix of the individual stocks.He expects a total return of at least 10%.
Develop a quadratic optimization model to find the optimal allocation of the budget to each stock, and variance calculations for squared terms and cross-products based on the variance-covariance matrix.
-According to the model, what percentage of the budget should be allocated to Stock 2?

(Multiple Choice)
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(36)
According to the model, which of the following is the weighted distance between the phone charger and Testing cell?
(Multiple Choice)
4.8/5
(33)
Use the table below to answer the following question(s).
Shirley Templeton is a real estate agent for Paralol Realty.Shirley is given the responsibility to manage potential customers for 5 of the Realty's bungalows.These 5 bungalows are situated in close proximity.In order to make traveling easire, Shirley decides to move to a location closer to the 5 bungalows.The table below gives the location (X and Y coordinates)of the 5 bungalows along with the number of trips she would have to make to each bungalow.Create a nonlinear model based on the data given in the table below noting that the objective is to reduce the weighted distance between Shirley's accommodation and the 5 bungalows.
Bungalow Location Data X-coordinate Y -coordinate Trips/Month Location 0 0 6 Bungalow 1 25 100 30 Bungalow 2 20 75 15 Bungalow 3 90 80 28 Bungalow 4 60 100 10
-According to the model, what is the distance between Shirley's new accommodation and Bungalow 3?
(Multiple Choice)
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(39)
Use the table below to create a nonlinear model based on the table to answer the following question(s).
The Atlas Movies Theater is planning to reprice their ticket rates to maximize revenues.They have three classes of tickets: Classic, Silver, and Gold.The table below provides information on the average ticket sales, revenue and price elasticity on demand.They have a total seating capacity of 300.The table also provides the price range within which they plan to reduce their ticket rates.
-According to the nonlinear model, which of the following is the projected revenue figure for Classic tickets based on its new price?

(Multiple Choice)
4.8/5
(36)
Use the table below to answer the following question(s).
Shirley Templeton is a real estate agent for Paralol Realty.Shirley is given the responsibility to manage potential customers for 5 of the Realty's bungalows.These 5 bungalows are situated in close proximity.In order to make traveling easire, Shirley decides to move to a location closer to the 5 bungalows.The table below gives the location (X and Y coordinates)of the 5 bungalows along with the number of trips she would have to make to each bungalow.Create a nonlinear model based on the data given in the table below noting that the objective is to reduce the weighted distance between Shirley's accommodation and the 5 bungalows.
Bungalow Location Data X-coordinate Y -coordinate Trips/Month Location 0 0 6 Bungalow 1 25 100 30 Bungalow 2 20 75 15 Bungalow 3 90 80 28 Bungalow 4 60 100 10
-Given that Q = order quantity, D = annual demand, C = unit cost of the item, C₀ = cost per order placed, i = inventory carrying charge per unit, which of the following represents the holding cost per unit?
(Multiple Choice)
4.9/5
(38)
Use the table below to create a nonlinear model based on the table to answer the following question(s).
The Atlas Movies Theater is planning to reprice their ticket rates to maximize revenues.They have three classes of tickets: Classic, Silver, and Gold.The table below provides information on the average ticket sales, revenue and price elasticity on demand.They have a total seating capacity of 300.The table also provides the price range within which they plan to reduce their ticket rates.
-According to the nonlinear model, which of the following is the projected revenue figure for Silver tickets based on its new price?

(Multiple Choice)
4.9/5
(33)
Use the table below to answer the following question(s).
Jonathan Reese is considering three stocks in which to invest with a fixed budget.The table below provides information on Jonathan's expected returns for each stock.The table also provides information, collected from market researchers, on the variance-covariance matrix of the individual stocks.He expects a total return of at least 10%.
Develop a quadratic optimization model to find the optimal allocation of the budget to each stock, and variance calculations for squared terms and cross-products based on the variance-covariance matrix.
-According to the model, what is the squared term value for Stock 2 variance?

(Multiple Choice)
4.9/5
(30)
Use the table below to create a nonlinear model based on the table to answer the following question(s).
The Atlas Movies Theater is planning to reprice their ticket rates to maximize revenues.They have three classes of tickets: Classic, Silver, and Gold.The table below provides information on the average ticket sales, revenue and price elasticity on demand.They have a total seating capacity of 300.The table also provides the price range within which they plan to reduce their ticket rates.
-According to the nonlinear model, which of the following is the projected sales figure for Classic tickets at the new price?

(Multiple Choice)
4.8/5
(36)
Use the table below to create a nonlinear model based on the table to answer the following question(s).
The Atlas Movies Theater is planning to reprice their ticket rates to maximize revenues.They have three classes of tickets: Classic, Silver, and Gold.The table below provides information on the average ticket sales, revenue and price elasticity on demand.They have a total seating capacity of 300.The table also provides the price range within which they plan to reduce their ticket rates.
-According to the nonlinear model, which of the following is the total projected revenue for the new sales figures?

(Multiple Choice)
4.8/5
(36)
According to the model, which of the following is the weighted distance between the phone charger and Measurements cell?
(Multiple Choice)
4.8/5
(36)
Use the table below to create a nonlinear model based on the table to answer the following question(s).
The Atlas Movies Theater is planning to reprice their ticket rates to maximize revenues.They have three classes of tickets: Classic, Silver, and Gold.The table below provides information on the average ticket sales, revenue and price elasticity on demand.They have a total seating capacity of 300.The table also provides the price range within which they plan to reduce their ticket rates.
-According to the nonlinear model, which of the following is the projected sales figure for Gold tickets at the new price?

(Multiple Choice)
4.9/5
(31)
Use the table below to create a nonlinear model based on the table to answer the following question(s).
The Atlas Movies Theater is planning to reprice their ticket rates to maximize revenues.They have three classes of tickets: Classic, Silver, and Gold.The table below provides information on the average ticket sales, revenue and price elasticity on demand.They have a total seating capacity of 300.The table also provides the price range within which they plan to reduce their ticket rates.
-Which of the following is true of the nonlinear model created for the Atlas movie ticket repricing scenario?

(Multiple Choice)
4.7/5
(41)
Use the table below to answer the following question(s).
Shirley Templeton is a real estate agent for Paralol Realty.Shirley is given the responsibility to manage potential customers for 5 of the Realty's bungalows.These 5 bungalows are situated in close proximity.In order to make traveling easire, Shirley decides to move to a location closer to the 5 bungalows.The table below gives the location (X and Y coordinates)of the 5 bungalows along with the number of trips she would have to make to each bungalow.Create a nonlinear model based on the data given in the table below noting that the objective is to reduce the weighted distance between Shirley's accommodation and the 5 bungalows.
Bungalow Location Data X-coordinate Y -coordinate Trips/Month Location 0 0 6 Bungalow 1 25 100 30 Bungalow 2 20 75 15 Bungalow 3 90 80 28 Bungalow 4 60 100 10
-According to the model, what is the X-coordinate for the location of Shirley's new accommodation?
(Multiple Choice)
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Explain how the Markowitz portfolio model is a quadratic optimization model.
(Essay)
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According to the model, which of the following is the weighted distance between the phone charger and Paint cell?
(Multiple Choice)
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