Question 1

Managerial decisions regarding right-hand sides are often interrelated and so frequently are considered simultaneously

Accepted Answer

A) True 
 B)False

Question 2

If the right-hand side of Resource C is increased by 40,and the right-hand side of Resource B is decreased by 20,then:

Accepted Answer

A) the optimal solution remains the same 
B) the optimal solution will change 
C) the shadow price is valid 
D) the shadow price may or may not be not valid 
E) None of the above 
A) the optimal solution remains the same 
B) the optimal solution will change 
C) the shadow price is valid 
D) the shadow price may or may not be not valid 
E) None of the above

Question 3

When maximizing profit in a linear programming problem,the allowable increase and allowable decrease columns in the sensitivity report make it possible to find the range over which the profitability does not change

Accepted Answer

A) True 
 B)False

Question 4

-What is the allowable range for changes in the objective coefficient for Activity 2?

Accepted Answer

A) -10 ≤ A2 ≤ 50 
B) -44 ≤ A2 ≤ 16 
C) -4 ≤ A2 ≤ 56 
D) 30 ≤ A2 ≤ 90 
E) 20 ≤ A2 ≤ 80 
A) -10 ≤ A2 ≤ 50 
B) -44 ≤ A2 ≤ 16 
C) -4 ≤ A2 ≤ 56 
D) 30 ≤ A2 ≤ 90 
E) 20 ≤ A2 ≤ 80

Question 5

When a change occurs in the right-hand side values of one of the constraints,a proportional change will occur in one of the coefficients of the objective function

Accepted Answer

A) True 
 B)False

Question 6

If the objective coefficients of Activity 2 and Activity 3 are both decreased by $100,then:

Accepted Answer

A) the optimal solution remains the same 
B) the optimal solution may or may not remain the same 
C) the optimal solution will change 
D) the shadow prices are valid 
E) None of the above 
A) the optimal solution remains the same 
B) the optimal solution may or may not remain the same 
C) the optimal solution will change 
D) the shadow prices are valid 
E) None of the above

Question 7

Every change in the value of an objective function coefficient will lead to a changed optimal solution

Accepted Answer

A) True 
 B)False

Question 8

-What is the allowable range for the objective function coefficient for Activity 3?

Accepted Answer

A) 150 ≤ A3 ≤ ∞ 
B) 0 ≤ A3 ≤ 650 
C) 0 ≤ A3 ≤ 250 
D) 400 ≤ A3 ≤ ∞ 
E) 300 ≤ A3 ≤ 500 
A) 150 ≤ A3 ≤ ∞ 
B) 0 ≤ A3 ≤ 650 
C) 0 ≤ A3 ≤ 250 
D) 400 ≤ A3 ≤ ∞ 
E) 300 ≤ A3 ≤ 500

Question 9

In linear programming,what-if analysis is associated with determining the effect of changing:

Accepted Answer

A) I and II 
B) II and III 
C) I,II,and III 
D) I and III 
E) None of the above 
A) I and II 
B) II and III 
C) I,II,and III 
D) I and III 
E) None of the above

Question 10

When a change in the value of an objective function coefficient remains within the allowable range,the optimal solution will also remain the same

Accepted Answer

A) True 
 B)False

Question 11

A shadow price reflects which of the following in a maximization problem?

Accepted Answer

A) The marginal cost of adding additional resources 
B) The marginal gain in the objective value realized by adding one unit of a resource 
C) The marginal loss in the objective value realized by adding one unit of a resource 
D) The marginal gain in the objective value realized by subtracting one unit of a resource 
E) None of the above 
A) The marginal cost of adding additional resources 
B) The marginal gain in the objective value realized by adding one unit of a resource 
C) The marginal loss in the objective value realized by adding one unit of a resource 
D) The marginal gain in the objective value realized by subtracting one unit of a resource 
E) None of the above

Question 12

If the right-hand side of Resource A changes to 10,then the objective function value:

Accepted Answer

A) will decrease by $12 50 
B) will decrease by $125 
C) will decrease by $77 80 
D) will remain the same 
E) can only be discovered by resolving the problem 
A) will decrease by $12 50 
B) will decrease by $125 
C) will decrease by $77 80 
D) will remain the same 
E) can only be discovered by resolving the problem

Question 13

The purpose of a linear programming study is to help guide management's final decision by providing insights

Accepted Answer

A) True 
 B)False

Question 14

According to the 100% rule for simultaneous changes in objective function coefficients,if the sum of the percentage changes exceeds 100%,the optimal solution definitely will change

Accepted Answer

A) True 
 B)False

Question 15

A parameter analysis report re-solves the problem for a whole range of values of a data cell

Accepted Answer

A) True 
 B)False

Question 16

-What is the allowable range of the right-hand-side for Resource A?

Accepted Answer

A) -∞ ≤ RHSA ≤ 60 
B) 0 ≤ RHSA ≤ 110 
C) -∞ ≤ RHSA ≤ 110 
D) 110 ≤ RHSA ≤ 1600 
E) 0 ≤ RHSA ≤ 160 
A) -∞ ≤ RHSA ≤ 60 
B) 0 ≤ RHSA ≤ 110 
C) -∞ ≤ RHSA ≤ 110 
D) 110 ≤ RHSA ≤ 1600 
E) 0 ≤ RHSA ≤ 160

Question 17

Which parameter is most sensitive to an increase in its value?

Accepted Answer

A) The objective coefficient of Activity 1 
B) The objective coefficient of Activity 2 
C) The objective coefficient of Activity 3 
D) All of the above 
E) None of the above 
A) The objective coefficient of Activity 1 
B) The objective coefficient of Activity 2 
C) The objective coefficient of Activity 3 
D) All of the above 
E) None of the above

Question 18

If the coefficient for Activity 1 in the objective function changes to $50,then the objective function value:

Accepted Answer

A) will decrease by $450 
B) is $0 
C) will decrease by $2750 
D) will remain the same 
E) can only be discovered by resolving the problem 
A) will decrease by $450 
B) is $0 
C) will decrease by $2750 
D) will remain the same 
E) can only be discovered by resolving the problem

Question 19

The allowable range gives ranges of values for the objective function coefficients within which the values of the decision variables are optimal

Accepted Answer

A) True 
 B)False

Question 20

Whenever proportional changes are made to all the unit profits in a problem,the optimal solution will remain the same

Accepted Answer

A) True 
 B)False

Managerial decisions regarding right-hand sides are often interrelated and so frequently are considered simultaneously

If the right-hand side of Resource C is increased by 40,and the right-hand side of Resource B is decreased by 20,then:

When maximizing profit in a linear programming problem,the allowable increase and allowable decrease columns in the sensitivity report make it possible to find the range over which the profitability does not change

-What is the allowable range for changes in the objective coefficient for Activity 2?

When a change occurs in the right-hand side values of one of the constraints,a proportional change will occur in one of the coefficients of the objective function

If the objective coefficients of Activity 2 and Activity 3 are both decreased by $100,then:

Every change in the value of an objective function coefficient will lead to a changed optimal solution

-What is the allowable range for the objective function coefficient for Activity 3?

In linear programming,what-if analysis is associated with determining the effect of changing:

When a change in the value of an objective function coefficient remains within the allowable range,the optimal solution will also remain the same

A shadow price reflects which of the following in a maximization problem?

If the right-hand side of Resource A changes to 10,then the objective function value:

The purpose of a linear programming study is to help guide management's final decision by providing insights

According to the 100% rule for simultaneous changes in objective function coefficients,if the sum of the percentage changes exceeds 100%,the optimal solution definitely will change

A parameter analysis report re-solves the problem for a whole range of values of a data cell

-What is the allowable range of the right-hand-side for Resource A?

Which parameter is most sensitive to an increase in its value?

If the coefficient for Activity 1 in the objective function changes to $50,then the objective function value:

The allowable range gives ranges of values for the objective function coefficients within which the values of the decision variables are optimal

Whenever proportional changes are made to all the unit profits in a problem,the optimal solution will remain the same

Introduction

Linear programming: Basic Concepts

Linear programming: Formulation and applications

Theart of modeling with spread sheets

Network optimization problems

Using binary integer programming to deal withy es-Or-No decisions

Non linear programming

Decision Analysis

Forecasting

Queuing models

Computer simulation: Basic Concepts

Computer simulation with risks olver platform

Solution concepts for linear programming

Transportation and assignment problems

Pert CPM models for project management

Goal programming

Inventory management with known demand

Inventory management with uncertain demand

Computer simulation with crystal ball

Filters

Exam 5: What-If Analysis for linear programming

Managerial decisions regarding right-hand sides are often interrelated and so frequently are considered simultaneously

If the right-hand side of Resource C is increased by 40,and the right-hand side of Resource B is decreased by 20,then:

When maximizing profit in a linear programming problem,the allowable increase and allowable decrease columns in the sensitivity report make it possible to find the range over which the profitability does not change

-What is the allowable range for changes in the objective coefficient for Activity 2?

When a change occurs in the right-hand side values of one of the constraints,a proportional change will occur in one of the coefficients of the objective function

If the objective coefficients of Activity 2 and Activity 3 are both decreased by $100,then:

Every change in the value of an objective function coefficient will lead to a changed optimal solution

-What is the allowable range for the objective function coefficient for Activity 3?

In linear programming,what-if analysis is associated with determining the effect of changing:

When a change in the value of an objective function coefficient remains within the allowable range,the optimal solution will also remain the same

A shadow price reflects which of the following in a maximization problem?

If the right-hand side of Resource A changes to 10,then the objective function value:

The purpose of a linear programming study is to help guide management's final decision by providing insights

According to the 100% rule for simultaneous changes in objective function coefficients,if the sum of the percentage changes exceeds 100%,the optimal solution definitely will change

A parameter analysis report re-solves the problem for a whole range of values of a data cell

-What is the allowable range of the right-hand-side for Resource A?

Which parameter is most sensitive to an increase in its value?

If the coefficient for Activity 1 in the objective function changes to $50,then the objective function value:

The allowable range gives ranges of values for the objective function coefficients within which the values of the decision variables are optimal

Whenever proportional changes are made to all the unit profits in a problem,the optimal solution will remain the same

Introduction

Linear programming: Basic Concepts

Linear programming: Formulation and applications

Theart of modeling with spread sheets

Network optimization problems

Using binary integer programming to deal withy es-Or-No decisions

Non linear programming

Decision Analysis

Forecasting

Queuing models

Computer simulation: Basic Concepts

Computer simulation with risks olver platform

Solution concepts for linear programming

Transportation and assignment problems

Pert CPM models for project management

Goal programming

Inventory management with known demand

Inventory management with uncertain demand

Computer simulation with crystal ball

Filters