Exam 7: Using Binary Integer Programming to Deal With Yes-Or-No Decisions
Exam 1: Introduction28 Questions
Exam 2: Linear Programming: Basic Concepts83 Questions
Exam 3: Linear Programming: Formulation and Applications58 Questions
Exam 4: The Art of Modeling With Spreadsheets31 Questions
Exam 5: What-If Analysis for Linear Programming63 Questions
Exam 6: Network Optimization Problems48 Questions
Exam 7: Using Binary Integer Programming to Deal With Yes-Or-No Decisions26 Questions
Exam 8: Nonlinear Programming53 Questions
Exam 9: Decision Analysis77 Questions
Exam 10: Cd Supplement - Decision Analysis26 Questions
Exam 11: Forecasting76 Questions
Exam 12: Queueing Models75 Questions
Exam 13: CD Supplement - Additional Queueing Models8 Questions
Exam 14: Computer Simulation: Basic Concepts45 Questions
Exam 15: CD Supplement - the Inverse Transformation Method for Generating Random Observations2 Questions
Exam 16: Computer Simulation With Crystal Ball53 Questions
Exam 17: CD - Solution Concepts for Linear Programming45 Questions
Exam 18: CD - Transportation and Assignment Problems48 Questions
Exam 19: CD - Pertcpm Models for Project Management93 Questions
Exam 20: CD - Goal Programming21 Questions
Exam 21: CD - Inventory Management With Known Demand64 Questions
Exam 22: CD - Inventory Management With Uncertain Demand43 Questions
Select questions type
If choosing one alternative from a group excludes choosing all of the others then these alternatives are called mutually exclusive.
Free
(True/False)
4.7/5
(44)
Correct Answer:
True
The constraint x1 + x2 + x3 3 in a BIP represents mutually exclusive alternatives.
Free
(True/False)
4.9/5
(32)
Correct Answer:
False
In a BIP problem with 2 mutually exclusive alternatives,x1 and x2,the following constraint needs to be added to the formulation:
Free
(Multiple Choice)
4.8/5
(40)
Correct Answer:
A
Solver Table can be used to perform sensitivity analysis for integer programming problems.
Multiple Choice Questions
(True/False)
4.8/5
(46)
A linear programming formulation is not valid for a product mix problem when there are setup costs for initiating production.
(True/False)
4.8/5
(32)
Binary variables are best suited to be the decision variables when dealing with yes-or-no decisions.
(True/False)
4.8/5
(35)
In a BIP problem with 2 mutually exclusive alternatives,x1 and x2,the following constraint needs to be added to the formulation if one alternative must be chosen:
(Multiple Choice)
4.8/5
(34)
The algorithms available for solving BIP problems are much more efficient than those for linear programming which is one of the advantages of formulating problems this way.
(True/False)
4.9/5
(31)
In a BIP problem with 3 mutually exclusive alternatives,x1,x2,and x3,the following constraint needs to be added to the formulation:
(Multiple Choice)
4.8/5
(39)
A problems where all the variables are binary variables is called a pure BIP problem.
(True/False)
4.8/5
(28)
It is possible to have a constraint in a BIP that excludes the possibility of choosing none of the alternatives available.
(True/False)
4.8/5
(33)
The constraint x1 x2 in a BIP problem means that alternative 2 cannot be selected unless alternative 1 is also selected.
(True/False)
4.8/5
(31)
In a BIP problem,1 corresponds to a yes decision and 0 to a no decision.If there are 4 projects under consideration (A,B,C,and D)and at most 2 can be chosen then the following constraint needs to be added to the formulation:
(Multiple Choice)
4.9/5
(28)
A BIP problem considers one yes-or-no decision at a time with the objective of choosing the best alternative.
(True/False)
4.7/5
(49)
Which of the following techniques or tools can be used to perform sensitivity analysis for an integer programming problem?
(Multiple Choice)
4.8/5
(34)
The Excel sensitivity report can be used to perform sensitivity analysis for integer programming problems.
(True/False)
4.9/5
(34)
BIP can be used in capital budgeting decisions to determine whether to invest a certain amount.
(True/False)
4.8/5
(45)
Showing 1 - 20 of 26
Filters
- Essay(0)
- Multiple Choice(0)
- Short Answer(0)
- True False(0)
- Matching(0)