Exam 2: Linear programming: Basic Concepts
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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Given the following 2 constraints,which solution is a feasible solution for a maximization problem?
Free
(Multiple Choice)
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Correct Answer:
D
The graphical method can handle problems that involve any number of decision variables
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(True/False)
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Correct Answer:
False
A manager should know the following things about linear programming
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(Multiple Choice)
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Correct Answer:
E
Given the following 2 constraints,which solution is a feasible solution for a minimization problem?
(Multiple Choice)
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Which objective function has the same slope as this one: 4x + 2y = 20
(Multiple Choice)
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The operations manager for the Blue Moon Brewing Co. produces two beers: Lite (L) and Dark (D). He can only get 675 gallons of malt extract per day for brewing and his brewing hours are limited to 8 hours per day. To produce a keg of Lite beer requires 2 minutes of time and 5 gallons of malt extract. Each keg of Dark beer needs 4 minutes of time and 3 gallons of malt extract. Profits for Lite beer are $3.00 per keg and profits for Dark beer are $2.00 per keg.
-Which of the following is not a feasible solution?
(Multiple Choice)
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The operations manager of a mail order house purchases double (D) and twin (T) beds for resale. Each double bed costs $500 and requires 100 cubic feet of storage space. Each twin bed costs $300 and requires 90 cubic feet of storage space. The manager has $75,000 to invest in beds this week, and her warehouse has 18,000 cubic feet available for storage. Profit for each double bed is $300 and for each twin bed is $150.
-Which of the following is not a feasible solution?
(Multiple Choice)
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All constraints in a linear programming problem are either ≤ or ≥ inequalities
(True/False)
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When formulating a linear programming problem on a spreadsheet,objective cells will show the levels of activities for the decisions being made
(True/False)
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The owner of Crackers, Inc. produces both Deluxe (D) and Classic (C) crackers. She only has 4,800 ounces of sugar, 9,600 ounces of flour, and 2,000 ounces of salt for her next production run. A box of Deluxe crackers requires 2 ounces of sugar, 6 ounces of flour, and 1 ounce of salt to produce. A box of Classic crackers requires 3 ounces of sugar, 8 ounces of flour, and 2 ounces of salt to produce. Profits are 40 cents for a box of Deluxe crackers and 50 cents for a box of Classic crackers.
-Which of the following is not a feasible solution?
(Multiple Choice)
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A feasible point on the optimal objective function line is an optimal solution
(True/False)
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A circle would be an example of a feasible region for a linear programming problem
(True/False)
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When solving linear programming problems graphically,there are an infinite number of possible objective function lines
(True/False)
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An electronics firm produces two models of pocket calculators: the A-100 (A) and the B-200 (B). Each model uses one circuit board, of which there are only 2,500 available for this week's production. In addition, the company has allocated a maximum of 800 hours of assembly time this week for producing these calculators. Each A-100 requires 15 minutes to produce while each B-200 requires 30 minutes to produce. The firm forecasts that it could sell a maximum of 4,000 of the A-100s this week and a maximum of 1,000 B-200s. Profits for the A-100 are $1.00 each and profits for the B-200 are $4.00 each.
-What is the time constraint?
(Multiple Choice)
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What is the weekly profit when producing the optimal amounts?
(Multiple Choice)
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A linear programming problem can have multiple optimal solutions
(True/False)
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Linear programming problems may have multiple goals or objectives specified
(True/False)
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