Exam 3: Linear programming: Formulation and applications

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Fixed-requirement constraints in a linear programming model are functional constraints that use an equal sign

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Linear programming does not permit fractional solutions

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False

Using techniques to test the initial versions of a model to identify errors and omissions is called:

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A mixed linear programming problem will always contain some of each of the three types of constraints in it

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Mixed problems may have the following type of constraints:

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Once a linear programming problem has been formulated,it is rare to make major adjustments to it

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Cost-benefit tradeoff problems have the following type of constraints:

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For cost-benefit-tradeoff problems,minimum acceptable levels for each kind of benefit are prescribed and the objective is to achieve all these benefits with minimum cost

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The transportation model method for evaluating location alternatives minimizes:

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When formulating a transportation problem on a spreadsheet,which of the following are necessary?

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The capacity row in a distribution-network formulation shows the maximum number of units than can be shipped through the network

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When formulating a linear programming model on a spreadsheet,the constraints are located (in part)in the output cells

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Financial planning is one of the most important areas of application for cost-benefit-tradeoff problems

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Where are the changing cells located?

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Which of the following is not information needed to use the transportation model?

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The requirements assumption states that each source has a fixed supply of units,where the entire supply must be distributed to the destinations and that each destination has a fixed demand for units,where the entire demand must be received from the sources

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Blending problems are a special type of mixed linear programming problems

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An assignment problem:

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A transportation problem requires a unit cost for every source-destination combination

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It is usually quite simple to obtain estimates of parameters in a linear programming problem

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