Exam 3: Linear programming: Formulation and applications
Exam 1: Introduction24 Questions
Exam 2: Linear programming: Basic Concepts84 Questions
Exam 3: Linear programming: Formulation and applications57 Questions
Exam 4: Theart of modeling with spread sheets31 Questions
Exam 5: What-If Analysis for linear programming57 Questions
Exam 6: Network optimization problems48 Questions
Exam 7: Using binary integer programming to deal withy es-Or-No decisions28 Questions
Exam 8: Non linear programming52 Questions
Exam 9: Decision Analysis78 Questions
Exam 10: Forecasting76 Questions
Exam 11: Queuing models74 Questions
Exam 12: Computer simulation: Basic Concepts44 Questions
Exam 13: Computer simulation with risks olver platform47 Questions
Exam 14: Solution concepts for linear programming45 Questions
Exam 15: Transportation and assignment problems48 Questions
Exam 16: Pert CPM models for project management92 Questions
Exam 17: Goal programming21 Questions
Exam 18: Inventory management with known demand64 Questions
Exam 19: Inventory management with uncertain demand43 Questions
Exam 20: Computer simulation with crystal ball51 Questions
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A mathematical model will be an exact representation of the real problem
(True/False)
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It is fairly common to have both resource constraints and benefit constraints in the same formulation
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Generally,assignment problems match people to an equal number of tasks at a minimum cost
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In linear programming formulations,it is possible to have the following types of constraints:
(Multiple Choice)
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A benefit constraint refers to a functional constraint with a ≥ sign in a linear programming model
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Cost-benefit-tradeoff problems are linear programming problems involving the allocation of limited resources to activities
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When formulating a linear programming problem on a spreadsheet,data cells will show the levels of activities for the decisions being made
(True/False)
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When formulating a linear programming model on a spreadsheet,the decisions to be made are located in the data cells
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When dealing with huge real problems,there is no such thing as the perfectly correct linear programming model for the problem
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Choosing the best tradeoff between cost and benefits is a managerial judgment decision
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An assignment problem is a special type of transportation problem
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Having one requirement for each location is a characteristic common to all transportation problems
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When formulating a linear programming problem on a spreadsheet,which of the following is true?
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Resource-allocation problems have the following type of constraints:
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Strict inequalities (i e ,< or >)are not permitted in linear programming formulations
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A linear programming model contains which of the following components?
(Multiple Choice)
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Transportation problems are concerned with distributing commodities from sources to destinations in such a way as to minimize the total distribution cost
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