Exam 2: Introduction to Optimization and Linear Programming
Exam 1: Introduction to Modeling and Decision Analysis74 Questions
Exam 2: Introduction to Optimization and Linear Programming73 Questions
Exam 3: Modeling and Solving Lp Problems in a Spreadsheet75 Questions
Exam 4: Sensitivity Analysis and the Simplex Method77 Questions
Exam 5: Network Modeling84 Questions
Exam 6: Integer Linear Programming88 Questions
Exam 7: Goal Programming and Multiple Objective Optimization65 Questions
Exam 8: Nonlinear Programming and Evolutionary Optimization69 Questions
Exam 9: Regression Analysis82 Questions
Exam 10: Data Mining102 Questions
Exam 11: Time Series Forecasting81 Questions
Exam 12: Introduction to Simulation Using Analytic Solver Platform70 Questions
Exam 13: Queuing Theory87 Questions
Exam 14: Decision Analysis116 Questions
Exam 15: Project Management Online65 Questions
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Solve the following LP problem graphically using level curves.
MAX: 5 X1 + 3 X2
Subject to: 2 X1 − 1 X2 ≤ 2
6 X1 + 6 X2 ≥ 12
1 X1 + 3 X2 ≤ 5 X1,X2 ≥ 0
(Essay)
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Jim's winery blends fine wines for local restaurants.One of his customers has requested a special blend of two burgundy wines,call them A and B.The customer wants 500 gallons of wine and it must contain at least 100 gallons of A and be at least 45% B.The customer also specified that the wine have an alcohol content of at least 12%.Wine A contains 14% alcohol while wine B contains 10%.The blend is sold for $10 per gallon.Wine A costs $4 per gallon and B costs $3 per gallon.The company wants to determine the blend that will meet the customer's requirements and maximize profit.
a.Formulate the LP model for this problem.
b.Solve the problem using the graphical method.
c.How much profit will Jim make on the order?
(Essay)
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Solve the following LP problem graphically by enumerating the corner points.
MIN: 8 X1 + 5 X2
Subject to: 6 X1 + 7 X2 ≥ 84
X1 ≥ 4
X2 ≥ 6 X1,X2 ≥ 0
(Essay)
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In a mathematical formulation of an optimization problem,the objective function is written as z=2x1+3x2.Then:
(Multiple Choice)
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Some resources i.e.meat and dairy products,pharmaceuticals,a can of paint)are perishable.This means that once a package
(Multiple Choice)
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The constraint for resource 1 is 5 X1 + 4 X2 ≥ 200.If X2 = 20,what it the minimum value for X1?
(Multiple Choice)
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Solve the following LP problem graphically by enumerating the corner points.
MIN: 8 X1 + 3 X2
Subject to: X2 ≥ 8
8 X1 + 5 X2 ≥ 80
3 X1 + 5 X2 ≥ 60 X1,X2 ≥ 0
(Essay)
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Solve the following LP problem graphically by enumerating the corner points.
MAX: 2 X1 + 7 X2
Subject to: 5 X1 + 9 X2 ≤ 90
9 X1 + 8 X2 ≤ 144
X2 ≤ 8 X1,X2 ≥ 0
(Essay)
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If constraints are added to an LP model the feasible solution space will generally
(Multiple Choice)
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Solve the following LP problem graphically using level curves.
MIN: 5 X1 + 7 X2
Subject to: 4 X1 + 1 X2 ≥ 16
6 X1 + 5 X2 ≥ 60
5 X1 + 8 X2 ≥ 80 X1,X2 ≥ 0
(Essay)
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Most individuals manage their individual retirement accounts IRAs)so they
(Multiple Choice)
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Which of the following is the general format of an objective function?
(Multiple Choice)
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The constraint for resource 1 is 5 X1 + 4 X2 ≥ 200.If X1 = 40 and X2 = 20,how many additional units,if any,of resource 1 are employed above the minimum of 200?
(Multiple Choice)
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Suppose that a constraint 2x1+3x2 ≥ 600 is binding.Then,a constraint 4x1+6x2 ≥ 1,800 is
(Multiple Choice)
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A common objective when manufacturing printed circuit boards is
(Multiple Choice)
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Jones Furniture Company produces beds and desks for college students.The production process requires carpentry and varnishing.Each bed requires 6 hours of carpentry and 4 hour of varnishing.Each desk requires 4 hours of carpentry and 8 hours of varnishing.There are 36 hours of carpentry time and 40 hours of varnishing time available.Beds generate $30 of profit and desks generate $40 of profit.Demand for desks is limited so at most 8 will be produced.
a.Formulate the LP model for this problem.
b.Solve the problem using the graphical method.
(Essay)
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