Question 1

Which of the following sets of priorities is not the same as {P1 = 300, P2 = 300, P3 = 20, and P4 = 10}?

Accepted Answer

A)  {P1 = 300, P2 = 300, P3 = 20, and P4 = 10} 
B)  {P1 = 30, P2 = 30, P3 = 2, and P4 = 1} 
C)  {P1 = 3, P2 = 3, P3 = 0.2, and P4 = 0.1} 
D)  All of the above sets of priorities are the same as {P1 = 300, P2 = 300, P3 = 20, and P4 = 10}. 
A)  {P1 = 300, P2 = 300, P3 = 20, and P4 = 10} 
B)  {P1 = 30, P2 = 30, P3 = 2, and P4 = 1} 
C)  {P1 = 3, P2 = 3, P3 = 0.2, and P4 = 0.1} 
D)  All of the above sets of priorities are the same as {P1 = 300, P2 = 300, P3 = 20, and P4 = 10}.

Question 2

In a goal programming model, two different goals must have two different priorities.

Accepted Answer

A) True 
 B)False

Question 3

The experience of the decision maker in specific business settings can be used as a criterion for establishing goal priorities.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is not a suggested step when formulating a goal programming model?

Accepted Answer

A)  Formulating problem as a simple LP model 
B)  Defining deviational variables for each goal 
C)  Writing goal programming and system constraints 
D)  Adding non-negativity constraints for functional and deviational variables 
E)  All of the above are steps for formulating a goal programming model. 
A)  Formulating problem as a simple LP model 
B)  Defining deviational variables for each goal 
C)  Writing goal programming and system constraints 
D)  Adding non-negativity constraints for functional and deviational variables 
E)  All of the above are steps for formulating a goal programming model.

Question 5

When formulating a goal programming model, the decision maker will use constraints similar to those used in regular linear or nonlinear programming models. In goal programming models, these constraints are known system constraints.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following variables represents the underachievement of a given priority goal?

Accepted Answer

A)  Functional variables 
B)  Positive deviational variables 
C)  Negative deviational variables 
D)  Priority variables 
E)  All of the above 
A)  Functional variables 
B)  Positive deviational variables 
C)  Negative deviational variables 
D)  Priority variables 
E)  All of the above

Question 7

In a goal programming model, some of the goals cannot be achieved.

Accepted Answer

A) True 
 B)False

Question 8

Adding non-negativity constraints for functional and deviational variables is a step when formulating a goal programming model.

Accepted Answer

A) True 
 B)False

Which of the following sets of priorities is not the same as {P1 = 300, P2 = 300, P3 = 20, and P4 = 10}?

In a goal programming model, two different goals must have two different priorities.

The experience of the decision maker in specific business settings can be used as a criterion for establishing goal priorities.

Which of the following is not a suggested step when formulating a goal programming model?

When formulating a goal programming model, the decision maker will use constraints similar to those used in regular linear or nonlinear programming models. In goal programming models, these constraints are known system constraints.

Which of the following variables represents the underachievement of a given priority goal?

In a goal programming model, some of the goals cannot be achieved.

Adding non-negativity constraints for functional and deviational variables is a step when formulating a goal programming model.

Business Analytics With Management Science

Introduction to Linear Programming

Business Analytics With Linear Programming

Business Analytics With Nonlinear Programming

Business Analytics With Integer Programming

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Marketing Analytics With Linear Programming

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Exam 5: Business Analytics With Goal Programming

Which of the following sets of priorities is not the same as {P1 = 300, P2 = 300, P3 = 20, and P4 = 10}?

In a goal programming model, two different goals must have two different priorities.

The experience of the decision maker in specific business settings can be used as a criterion for establishing goal priorities.

Which of the following is not a suggested step when formulating a goal programming model?

When formulating a goal programming model, the decision maker will use constraints similar to those used in regular linear or nonlinear programming models. In goal programming models, these constraints are known system constraints.

Which of the following variables represents the underachievement of a given priority goal?

In a goal programming model, some of the goals cannot be achieved.

Adding non-negativity constraints for functional and deviational variables is a step when formulating a goal programming model.

Business Analytics With Management Science

Introduction to Linear Programming

Business Analytics With Linear Programming

Business Analytics With Nonlinear Programming

Business Analytics With Integer Programming

Business Analytics With Shipment Models

Marketing Analytics With Linear Programming

Marketing Analytics With Multiple Goals

Business Analytics With Simulation

Filters