Exam 14: Optimization Models
Exam 1: Introduction to Data Analysis and Decision Making30 Questions
Exam 2: Describing the Distribution of a Single Variable66 Questions
Exam 3: Finding Relationships Among Variables46 Questions
Exam 4: Probability and Probability Distributions56 Questions
Exam 5: Normal, Binomial, Poisson, and Exponential Distributions56 Questions
Exam 6: Decision Making Under Uncertainty54 Questions
Exam 7: Sampling and Sampling Distributions77 Questions
Exam 8: Confidence Interval Estimation53 Questions
Exam 9: Hypothesis Testing63 Questions
Exam 10: Regression Analysis: Estimating Relationships79 Questions
Exam 11: Regression Analysis: Statistical Inference69 Questions
Exam 12: Time Series Analysis and Forecasting75 Questions
Exam 13: Introduction to Optimization Modeling70 Questions
Exam 14: Optimization Models63 Questions
Exam 15: Introduction to Simulation Modeling64 Questions
Exam 16: Simulation Models56 Questions
Exam 17: Data Mining18 Questions
Exam 18: Importing Data Into Excel18 Questions
Exam 19: Analysis of Variance and Experimental Design19 Questions
Exam 20: Statistical Process Control19 Questions
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If Solver fails to find an optimal solution to an integer programming problem,we might be able to find a near optimal solution by increasing the tolerance setting.
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Many of the most successful applications of optimization in the real world have been in the areas of scheduling,blending,logistics and aggregate planning.
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In network models of transportation problems,arcs represent the routes for getting a product from one node to another.
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Logistics problems are problems of finding the least expensive way to transport products from their origin to their destination.
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In transportation problems,the three sets of input numbers that are required are capacities,demands and flows.
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Rounding the solution of a linear programming to the nearest integer values provides a(n)
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Many organizations must determine how to schedule employees to provide adequate service.If we assume that an organization faces the same situation each week,this is referred to as
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Which of the following statements is a type of constraint that is often required in blending problems?
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Integer programming (IP)models are optimization models in which all of the variables must be integers.
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Many organizations must determine how to schedule employees to provide adequate service.If we assume that an organization faces the same situation each week,this is referred to as
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The flow balance constraint for each transshipment node,in a minimum cost network flow model,takes the form
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A nonlinear programming problem (NLP)is an optimization problem in which the objective function and/or the constraints are not linear functions of the decision variables.
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In nonlinear models,which of the following statements are correct?
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Aggregate planning models are usually implemented through a rolling planning horizon.
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When we solve a nonlinear programming problem (NLP),it is very possible that Solver will obtain the wrong answer.
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If an LP problem is not correctly formulated,Solver will automatically indicate that it is infeasible when trying to solve it.
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In transportation problems,shipments between supply points or between demand points are possible.
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In a transportation problem,if it costs $4 per item to ship up to 200 items between cities,and $2 per item for each additional item,the proportionality assumption of LP is satisfied.
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In aggregate planning models,the number of workers available influences the possible production levels.
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