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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Resource-allocation problems are linear programming problems involving the allocation of limited resources to activities
(True/False)
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Transportation problems always involve shipping goods from one location to another
(True/False)
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When studying a resource-allocation problem,it is necessary to determine the contribution per unit of each activity to the overall measure of performance
(True/False)
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A key assumption of linear programming is that the equation for each of the output cells,including the objective cell,can be expressed as a SUMPRODUCT (or SUM)function
(True/False)
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In the algebraic form of a resource constraint,the coefficient of each decision variable is the resource usage per unit of the corresponding activity
(True/False)
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It is the nature of the application that determines the classification of the resulting linear programming formulation
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Starting with a simple version of a model and adding to it until it reflects the real problem is called:
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In most cases,the minimum acceptable level for a cost-benefit-tradeoff problem is set by how much money is available
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When formulating a linear programming model on a spreadsheet,the measure of performance is located in the objective cell
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Which of the following are categories of linear programming problems?
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Approximations and simplifying assumptions generally are required to have a workable model
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A resource constraint refers to any functional constraint with a ≥ sign in a linear programming model
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It is the nature of the restrictions imposed on the decisions regarding the mix of activity levels that determines the classification of the resulting linear programming formulation
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A linear programming problem where the objective is to find the best mix of ingredients for a product to meet certain specifications is called:
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