Exam 22: Linear Programming

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________ is a mathematical technique designed to help operations managers plan and make decisions relative to the trade-offs necessary to allocate resources.

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The feasible region in the diagram below is consistent with which one of the following constraints? The feasible region in the diagram below is consistent with which one of the following constraints?

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A firm makes two products,Y and Z.Each unit of Y costs $10 and sells for $40.Each unit of Z costs $5 and sells for $25.If the firm's goal were to maximize profit,the appropriate objective function would be

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For the two constraints given below,which point is in the feasible region of this minimization problem? (1)14x + 6y > 42 (2)x - y > 3

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In sensitivity analysis,a zero shadow price (or dual value)for a resource ordinarily means that

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Using the iso-profit line solution method to solve a maximization problem requires that we

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A common form of the product-mix linear programming problem seeks to find that combination of products and the quantity of each that maximizes profit in the presence of limited resources.

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What combination of a and b will yield the optimum for this problem? Maximize $6a + $15b,subject to (1)4a + 2b < 12 and (2)5a + 2b < 20 and (3)a,b ≥ 0.

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The corner-point solution method requires

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The graphical method of solving linear programming can handle only maximizing problems.

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Constraints are needed to solve linear programming problems by hand,but not by computer.

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Suppose that a maximization LP problem has corners of (0,0), (10,0), (5,5),and (0,7).If profit is given to be X + 2Y what is the maximum profit the company can earn?

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The Queen City Nursery manufactures bags of potting soil from compost and topsoil.Each cubic foot of compost costs 12 cents and contains 4 pounds of sand,3 pounds of clay,and 5 pounds of humus.Each cubic foot of topsoil costs 20 cents and contains 3 pounds of sand,6 pounds of clay,and 12 pounds of humus.Each bag of potting soil must contain at least 12 pounds of sand,12 pounds of clay,and 10 pounds of humus.Explain how this problem meets the conditions of a linear programming problem.Plot the constraints and identify the feasible region.Graphically or with corner points find the best combination of compost and topsoil that meets the stated conditions at the lowest cost per bag.Identify the lowest cost possible.

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The region that satisfies the constraint 4X + 15Z ≥ 1000 includes the origin of the graph.

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What are the requirements of all linear programming problems?

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A linear programming problem has two constraints 2X + 4Y ≤ 100 and 1X + 8Y ≤ 100,plus nonnegativity constraints on X and Y.Which of the following statements about its feasible region is true?

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One requirement of a linear programming problem is that the objective function must be expressed as a linear equation.

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Identify three examples of resources that are typically constrained in a linear programming problem.

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The optimal solution of a linear programming problem that consists of two variables and six constraints will probably not satisfy all six constraints as equalities.

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What is linear programming?

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