Question 1

A local maximum is always a global maximum in a nonlinear programming problem.

Accepted Answer

A) True 
 B)False

Question 2

Sometimes the Solver can return different solutions when optimizing a nonlinear programming problem.

Accepted Answer

A) True 
 B)False

Question 3

Two runs of the Evolutionary Solver on the same problem will typically yield the same solution.

Accepted Answer

A) True 
 B)False

Question 4

Decreasing marginal returns violates which assumption of linear programming?

Accepted Answer

A)  The proportionality assumption 
B)  The divisibility assumption 
C)  The additivity assumption 
D)  All of the choices are correct. 
E)  None of the choices is correct. 
A)  The proportionality assumption 
B)  The divisibility assumption 
C)  The additivity assumption 
D)  All of the choices are correct. 
E)  None of the choices is correct.

Question 5

Separable programming will always find the optimal solution when the following is true:

Accepted Answer

A)  The profit or cost graph is piecewise linear. 
B)  There are decreasing marginal returns. 
C)  The profit or cost graph is piecewise linear and there are decreasing marginal returns must both be true. 
D)  Separable programming only finds an approximate solution. 
E)  None of the choices is correct. 
A)  The profit or cost graph is piecewise linear. 
B)  There are decreasing marginal returns. 
C)  The profit or cost graph is piecewise linear and there are decreasing marginal returns must both be true. 
D)  Separable programming only finds an approximate solution. 
E)  None of the choices is correct.

Question 6

The measure of risk in a portfolio selection problem is called:

Accepted Answer

A)  the covariance of the return. 
B)  the variance of the return. 
C)  the expected return. 
D)  decreasing marginal return. 
E)  None of the choices is correct. 
A)  the covariance of the return. 
B)  the variance of the return. 
C)  the expected return. 
D)  decreasing marginal return. 
E)  None of the choices is correct.

Question 7

In some cases of separable programming, the profit graphs will be curves rather than a series of line segments.

Accepted Answer

A) True 
 B)False

Question 8

A nonlinear function may contain a product of two variables.

Accepted Answer

A) True 
 B)False

Question 9

Excel's curve fitting method is used to graph a nonlinear equation.

Accepted Answer

A) True 
 B)False

Question 10

It now is common practice for professional managers of large stock portfolios to use computer models based partially on separable programming.

Accepted Answer

A) True 
 B)False

Question 11

Evolutionary Solver is based on which of the following concepts?
I. Genetics.
II. Evolution.
III. Survival of the Fittest.

Accepted Answer

A)  I only 
B)  II only 
C)  III only 
D)  I, II, and III 
E)  II and III only 
A)  I only 
B)  II only 
C)  III only 
D)  I, II, and III 
E)  II and III only

Question 12

Applying separable programming requires having profit graphs that are smooth curves.

Accepted Answer

A) True 
 B)False

Question 13

Mutation is the technique used to create the next generation of solutions in the Evolutionary Solver.

Accepted Answer

A) True 
 B)False

Question 14

Linear programming assumes that the profit from each activity is proportional to the level of that activity.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following can be part of a nonlinear profit graph?
I. Decreasing marginal returns.
II. Increasing marginal returns.
III. Discontinuities.

Accepted Answer

A)  I only 
B)  II only 
C)  III only 
D)  I, II, and III 
E)  I and II only 
A)  I only 
B)  II only 
C)  III only 
D)  I, II, and III 
E)  I and II only

Question 16

Evolutionary Solver uses an algorithm based on genetics, evolution, and survival of the fittest.

Accepted Answer

A) True 
 B)False

Question 17

In separable programming, each activity that violates the proportionality assumption is separated into parts with a new variable for each part.

Accepted Answer

A) True 
 B)False

Question 18

When there are decreasing marginal returns:

Accepted Answer

A)  the slope of the graph never increases but sometimes decreases. 
B)  the slope of the graph never decreases but sometimes increases. 
C)  the graph always consists of a smooth curve. 
D)  the graph always consists of a series of line segments. 
E)  separable programming should not be used. 
A)  the slope of the graph never increases but sometimes decreases. 
B)  the slope of the graph never decreases but sometimes increases. 
C)  the graph always consists of a smooth curve. 
D)  the graph always consists of a series of line segments. 
E)  separable programming should not be used.

Question 19

Separable programming is applicable when there are increasing or decreasing marginal returns.

Accepted Answer

A) True 
 B)False

Question 20

If the data cells are in column D and the changing cells are in column C, which of the following are not linear formulas in a spreadsheet?
I. =IF(D1 >= 6, C1, C2)
II. =ROUND(C3)
III. =ABS(C3)

Accepted Answer

A)  I only 
B)  II only 
C)  III only 
D)  I, II, and III 
E)  II and III only 
A)  I only 
B)  II only 
C)  III only 
D)  I, II, and III 
E)  II and III only

A local maximum is always a global maximum in a nonlinear programming problem.

Sometimes the Solver can return different solutions when optimizing a nonlinear programming problem.

Two runs of the Evolutionary Solver on the same problem will typically yield the same solution.

Decreasing marginal returns violates which assumption of linear programming?

Separable programming will always find the optimal solution when the following is true:

The measure of risk in a portfolio selection problem is called:

In some cases of separable programming, the profit graphs will be curves rather than a series of line segments.

A nonlinear function may contain a product of two variables.

Excel's curve fitting method is used to graph a nonlinear equation.

It now is common practice for professional managers of large stock portfolios to use computer models based partially on separable programming.

Evolutionary Solver is based on which of the following concepts? I. Genetics. II. Evolution. III. Survival of the Fittest.

Applying separable programming requires having profit graphs that are smooth curves.

Mutation is the technique used to create the next generation of solutions in the Evolutionary Solver.

Linear programming assumes that the profit from each activity is proportional to the level of that activity.

Which of the following can be part of a nonlinear profit graph? I. Decreasing marginal returns. II. Increasing marginal returns. III. Discontinuities.

Evolutionary Solver uses an algorithm based on genetics, evolution, and survival of the fittest.

In separable programming, each activity that violates the proportionality assumption is separated into parts with a new variable for each part.

When there are decreasing marginal returns:

Separable programming is applicable when there are increasing or decreasing marginal returns.

If the data cells are in column D and the changing cells are in column C, which of the following are not linear formulas in a spreadsheet? I. =IF(D1 >= 6, C1, C2) II. =ROUND(C3) III. =ABS(C3)

Introduction

Linear Programming: Basic Concepts

Linear Programming: Formulation and Applications

The Art of Modeling With Spreadsheets

What-If Analysis for Linear Programming

Network Optimization Problems

Using Binary Integer Programming to Deal With Yes-Or-No Decisions

Decision Analysis

Forecasting

Queueing Models

Computer Simulation: Basic Concepts

Computer Simulation With Analytic Solver

Filters

Exam 8: Nonlinear Programming

A local maximum is always a global maximum in a nonlinear programming problem.

Sometimes the Solver can return different solutions when optimizing a nonlinear programming problem.

Two runs of the Evolutionary Solver on the same problem will typically yield the same solution.

Decreasing marginal returns violates which assumption of linear programming?

Separable programming will always find the optimal solution when the following is true:

The measure of risk in a portfolio selection problem is called:

In some cases of separable programming, the profit graphs will be curves rather than a series of line segments.

A nonlinear function may contain a product of two variables.

Excel's curve fitting method is used to graph a nonlinear equation.

It now is common practice for professional managers of large stock portfolios to use computer models based partially on separable programming.

Evolutionary Solver is based on which of the following concepts? I. Genetics. II. Evolution. III. Survival of the Fittest.

Applying separable programming requires having profit graphs that are smooth curves.

Mutation is the technique used to create the next generation of solutions in the Evolutionary Solver.

Linear programming assumes that the profit from each activity is proportional to the level of that activity.

Which of the following can be part of a nonlinear profit graph? I. Decreasing marginal returns. II. Increasing marginal returns. III. Discontinuities.

Evolutionary Solver uses an algorithm based on genetics, evolution, and survival of the fittest.

In separable programming, each activity that violates the proportionality assumption is separated into parts with a new variable for each part.

When there are decreasing marginal returns:

Separable programming is applicable when there are increasing or decreasing marginal returns.

If the data cells are in column D and the changing cells are in column C, which of the following are not linear formulas in a spreadsheet? I. =IF(D1 >= 6, C1, C2) II. =ROUND(C3) III. =ABS(C3)

Introduction

Linear Programming: Basic Concepts

Linear Programming: Formulation and Applications

The Art of Modeling With Spreadsheets

What-If Analysis for Linear Programming

Network Optimization Problems

Using Binary Integer Programming to Deal With Yes-Or-No Decisions

Decision Analysis

Forecasting

Queueing Models

Computer Simulation: Basic Concepts

Computer Simulation With Analytic Solver

Filters