The objective function for a LP model is 3 X1 + 2 X2. If X1 = 20 and X2 = 30, what is the value of the objective function?

A) 0 B) 50 C) 60 D) 120 A) 0 B) 50 C) 60 D) 120

A facility produces two products. The labor constraint (in hours) is formulated as: 350x1+300x2 ≤ 10,000. The number 10,000 represents

A) a profit contribution of one unit of product 1. B) one unit of product 1 uses 10,000 hours of labor. C) there are 10,000 hours of labor available for use. D) the problem has no objective function. A) a profit contribution of one unit of product 1. B) one unit of product 1 uses 10,000 hours of labor. C) there are 10,000 hours of labor available for use. D) the problem has no objective function.

The following linear programming problem has been written to plan the production of two products. The company wants to maximize its profits. X1 = number of product 1 produced in each batch X2 = number of product 2 produced in each batch How many units of resource two (the second constraint) are unutilized if the company produces 10 units of product 1 and 5 units of product 2?

A) 110 B) 150 C) 155 D) 100 A) 110 B) 150 C) 155 D) 100

The following linear programming problem has been written to plan the production of two products. The company wants to maximize its profits. X1 = number of product 1 produced in each batch X2 = number of product 2 produced in each batch How much profit is earned if the company produces 10 units of product 1 and 5 units of product 2?

A) 750 B) 2500 C) 2750 D) 3250 A) 750 B) 2500 C) 2750 D) 3250

A company uses 4 pounds of resource 1 to make each unit of X1 and 3 pounds of resource 1 to make each unit of X2. There are only 150 pounds of resource 1 available. Which of the following constraints reflects the relationship between X1, X2 and resource 1?

A) 4 X1 + 3 X2 ≥ 150 B) 4 X1 + 3 X2 ≤ 150 C) 4 X1 + 3 X2 = 150 D) 4 X1 ≤ 150 A) 4 X1 + 3 X2 ≥ 150 B) 4 X1 + 3 X2 ≤ 150 C) 4 X1 + 3 X2 = 150 D) 4 X1 ≤ 150

Exam 2: Introduction to Optimization and Linear Programming

This graph shows the feasible region (defined by points ACDEF) and objective function level curve (BG) for a maximization problem. Which point corresponds to the optimal solution to the problem?

Free

(Multiple Choice)

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Question 1

Correct Answer:

Verified

Solve the following LP problem graphically by enumerating the corner points.

Free

(Essay)

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Question 2

Correct Answer:

Verified

Obj = 48. 00
X₁ = 0. 00
X₂ = 16. 00

The number of units to ship from Chicago to Memphis is an example of a(n)

Free

(Multiple Choice)

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Question 3

Correct Answer:

Verified

A company makes two products, X₁ and X₂. They require at least 20 of each be produced. Which set of lower bound constraints reflect this requirement?

(Multiple Choice)

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Question 4

Which of the following special conditions in an LP model represent potential errors in the mathematical formulation?

(Multiple Choice)

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Question 5

A set of values for the decision variables that satisfy all the constraints and yields the best objective function value is

(Multiple Choice)

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Question 6

Solve the following LP problem graphically using level curves.

(Essay)

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Question 7

The desire to maximize profits is an example of a(n)

(Multiple Choice)

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Question 8

If constraints are added to an LP model the feasible solution space will generally

(Multiple Choice)

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Question 9

The objective function for a LP model is 3 X₁ + 2 X₂. If X₁ = 20 and X₂ = 30, what is the value of the objective function?

(Multiple Choice)

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Question 10

A facility produces two products. The labor constraint (in hours) is formulated as: 350x₁+300x₂ ≤ 10,000. The number 10,000 represents

(Multiple Choice)

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Question 11

How much money should an individual withdraw each year from various retirement accounts is an example of a constraint.

(True/False)

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Question 12

A diet is being developed which must contain at least 100 mg of vitamin C. Two fruits are used in this diet. Bananas contain 30 mg of vitamin C and Apples contain 20 mg of vitamin C. The diet must contain at least 100 mg of vitamin C. Which of the following constraints reflects the relationship between Bananas, Apples and vitamin C?

(Multiple Choice)

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Question 13

Linear programming problems have

(Multiple Choice)

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Question 14

The following linear programming problem has been written to plan the production of two products. The company wants to maximize its profits. X₁ = number of product 1 produced in each batch X₂ = number of product 2 produced in each batch How many units of resource two (the second constraint) are unutilized if the company produces 10 units of product 1 and 5 units of product 2?

(Multiple Choice)

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(36)

Question 15

The following linear programming problem has been written to plan the production of two products. The company wants to maximize its profits. X₁ = number of product 1 produced in each batch X₂ = number of product 2 produced in each batch How much profit is earned if the company produces 10 units of product 1 and 5 units of product 2?

(Multiple Choice)

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Question 16

The third step in formulating a linear programming problem is

(Multiple Choice)

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Question 17

The best way of solving LP problems is to apply managerial intuition regarding the levels of decision variables.

(True/False)

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Question 18

A linear formulation means that:

(Multiple Choice)

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Question 19

A company uses 4 pounds of resource 1 to make each unit of X₁ and 3 pounds of resource 1 to make each unit of X₂. There are only 150 pounds of resource 1 available. Which of the following constraints reflects the relationship between X₁, X₂ and resource 1?

(Multiple Choice)

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Question 20

Showing 1 - 20 of 76

This graph shows the feasible region (defined by points ACDEF) and objective function level curve (BG) for a maximization problem. Which point corresponds to the optimal solution to the problem?

Solve the following LP problem graphically by enumerating the corner points.

The number of units to ship from Chicago to Memphis is an example of a(n)

A company makes two products, X₁ and X₂. They require at least 20 of each be produced. Which set of lower bound constraints reflect this requirement?

Which of the following special conditions in an LP model represent potential errors in the mathematical formulation?

A set of values for the decision variables that satisfy all the constraints and yields the best objective function value is

Solve the following LP problem graphically using level curves.

The desire to maximize profits is an example of a(n)

If constraints are added to an LP model the feasible solution space will generally

The objective function for a LP model is 3 X₁ + 2 X₂. If X₁ = 20 and X₂ = 30, what is the value of the objective function?

A facility produces two products. The labor constraint (in hours) is formulated as: 350x₁+300x₂ ≤ 10,000. The number 10,000 represents

How much money should an individual withdraw each year from various retirement accounts is an example of a constraint.

Linear programming problems have

The third step in formulating a linear programming problem is

The best way of solving LP problems is to apply managerial intuition regarding the levels of decision variables.

A linear formulation means that:

A company uses 4 pounds of resource 1 to make each unit of X₁ and 3 pounds of resource 1 to make each unit of X₂. There are only 150 pounds of resource 1 available. Which of the following constraints reflects the relationship between X₁, X₂ and resource 1?

Introduction to Modeling and Decision Analysis

Modeling and Solving Lp Problems in a Spreadsheet

Sensitivity Analysis and the Simplex Method

Network Modeling

Integer Linear Programming

Goal Programming and Multiple Objective Optimization

Nonlinear Programming Evolutionary Optimization

Regression Analysis

Data Mining

Time Series Forecasting

Introduction to Simulation Using Analytic Solver Platform

Queuing Theory

Decision Analysis

Project Management Online

Filters

Exam 2: Introduction to Optimization and Linear Programming

This graph shows the feasible region (defined by points ACDEF) and objective function level curve (BG) for a maximization problem. Which point corresponds to the optimal solution to the problem? ​ ​

Solve the following LP problem graphically by enumerating the corner points.

The number of units to ship from Chicago to Memphis is an example of a(n)

A company makes two products, X1 and X2. They require at least 20 of each be produced. Which set of lower bound constraints reflect this requirement?

Which of the following special conditions in an LP model represent potential errors in the mathematical formulation?

A set of values for the decision variables that satisfy all the constraints and yields the best objective function value is

Solve the following LP problem graphically using level curves.

The desire to maximize profits is an example of a(n)

If constraints are added to an LP model the feasible solution space will generally

The objective function for a LP model is 3 X1 + 2 X2. If X1 = 20 and X2 = 30, what is the value of the objective function?

A facility produces two products. The labor constraint (in hours) is formulated as: 350x1+300x2 ≤ 10,000. The number 10,000 represents

​How much money should an individual withdraw each year from various retirement accounts is an example of a constraint.

Linear programming problems have

The third step in formulating a linear programming problem is

​The best way of solving LP problems is to apply managerial intuition regarding the levels of decision variables.

A linear formulation means that:

A company uses 4 pounds of resource 1 to make each unit of X1 and 3 pounds of resource 1 to make each unit of X2. There are only 150 pounds of resource 1 available. Which of the following constraints reflects the relationship between X1, X2 and resource 1?

Introduction to Modeling and Decision Analysis

Modeling and Solving Lp Problems in a Spreadsheet

Sensitivity Analysis and the Simplex Method

Network Modeling

Integer Linear Programming

Goal Programming and Multiple Objective Optimization

Nonlinear Programming Evolutionary Optimization

Regression Analysis

Data Mining

Time Series Forecasting

Introduction to Simulation Using Analytic Solver Platform

Queuing Theory

Decision Analysis

Project Management Online

Filters

This graph shows the feasible region (defined by points ACDEF) and objective function level curve (BG) for a maximization problem. Which point corresponds to the optimal solution to the problem?

A company makes two products, X₁ and X₂. They require at least 20 of each be produced. Which set of lower bound constraints reflect this requirement?

The objective function for a LP model is 3 X₁ + 2 X₂. If X₁ = 20 and X₂ = 30, what is the value of the objective function?

A facility produces two products. The labor constraint (in hours) is formulated as: 350x₁+300x₂ ≤ 10,000. The number 10,000 represents

How much money should an individual withdraw each year from various retirement accounts is an example of a constraint.

The best way of solving LP problems is to apply managerial intuition regarding the levels of decision variables.

A company uses 4 pounds of resource 1 to make each unit of X₁ and 3 pounds of resource 1 to make each unit of X₂. There are only 150 pounds of resource 1 available. Which of the following constraints reflects the relationship between X₁, X₂ and resource 1?