Question 1

It has been proven mathematically that in a linear programming model the optimal solution will always occur

Accepted Answer

A)  anywhere on the solution space boundary
B)  at an extreme point protrusion
C)  on one of the axes of the solution space
D)  where the objective function first touches a corner point on the solution space boundary B

Question 2

If a company produces two products,1 and 2,represented by x1 and x2 ,and the profit from product 1 is $100 and the profit from product 2 is $50,and the material required to produce one unit of product 1 is 4 lbs.and the labor required to produce one unit of product 2 is 6 lbs.and there are 500 hours of labor available that can be used,the linear programming constraint for material is

Accepted Answer

A)  100x1 + 50x2 
B)  4x1 + 6x2 = 500
C)  4x1 + 6x2 >= 500
D)  4x1 + 6x2 <= 500 D

Question 3

In a linear programming model solution the marginal value is the

Accepted Answer

A)  value of a decision variable
B)  value of the objective function
C)  value of one additional unit of a constraint resource
D)  cost of a constraint resource

Question 4

In order to solve a linear programming model using Excel an add-in is used that is called

Accepted Answer

A)  data
B)  data analysis
C)  simplex
D)  solver

Question 5

The traditional mathematical approach for solving a linear programming problem is a mathematical procedure called the

Accepted Answer

A)  variable approach
B)  linear equations method
C)  simultaneous solution method
D)  simplex method D

Question 6

If a company produces two products,1 and 2,represented by x1 and x2 ,and the profit from product 1 is $100 and the profit from product 2 is $50,the objective function for profit,Z,is

Accepted Answer

A)  Z = 50x1 + 100x2
B)  Z = 150x1 + 150x2
C)  Z = 100x1 + 50x2
D)  Z = 100x1 = 50x2

Question 7

Mathematical symbols that represent levels of activity of an operation in a linear programming model are

Accepted Answer

A)  constraints
B)  objective functions
C)  slack variables
D)  decision variables

Question 8

Graphical solution of a linear programming problem is limited to models with

Accepted Answer

A)  2 constraints
B)  only 
C)  2 decision variables
D)  decision variables that are positive

Question 9

The sensitivity range for a constraint value to the right of the inequality indicates the allowable increase and decrease

Accepted Answer

A)  for the constraint value before the solution becomes infeasible
B)  for the constraint value before the decision variables change
C)  for the constraint value before the marginal value of the constraint resource is no longer valid
D)  for the objective function value

Question 10

In a linear programming model the possible decision variable solution values at corner points on the solution space boundary are the result of

Accepted Answer

A)  the simultaneous solution of the objective function and one of the constraints
B)  the intersection of the objective function with one of the axes
C)  the simultaneous solution of constraints
D)  the intersection of one or more of the constraints with one of the axes

Question 11

In order to transform a constraint <= inequality into an equation

Accepted Answer

A)  a surplus variable is added to the constraint
B)  a slack variable is added to the constraint
C)  an extra decision variable is added to the constraint
D)  the <= sign is changed to an = sign

Exam 21: Supplement Operational Decision-Making Tools: Linear Programming

It has been proven mathematically that in a linear programming model the optimal solution will always occur

Correct Answer
verified
B

Correct Answer
verified
D

In a linear programming model solution the marginal value is the

Correct Answer
verified

In order to solve a linear programming model using Excel an add-in is used that is called

Correct Answer
verified

The traditional mathematical approach for solving a linear programming problem is a mathematical procedure called the

Correct Answer
verified
D

If a company produces two products,1 and 2,represented by x₁ and x₂,and the profit from product 1 is $100 and the profit from product 2 is $50,the objective function for profit,Z,is

Correct Answer
verified

Mathematical symbols that represent levels of activity of an operation in a linear programming model are

Correct Answer
verified

Graphical solution of a linear programming problem is limited to models with

Correct Answer
verified

The sensitivity range for a constraint value to the right of the inequality indicates the allowable increase and decrease

Correct Answer
verified

In a linear programming model the possible decision variable solution values at corner points on the solution space boundary are the result of

Correct Answer
verified

In order to transform a constraint <= inequality into an equation

Correct Answer
verified

Exam 21: Supplement Operational Decision-Making Tools: Linear Programming

It has been proven mathematically that in a linear programming model the optimal solution will always occur

Correct AnswerverifiedB

Correct AnswerverifiedD

In a linear programming model solution the marginal value is the

Correct AnswerverifiedShow Answer

In order to solve a linear programming model using Excel an add-in is used that is called

Correct AnswerverifiedShow Answer

The traditional mathematical approach for solving a linear programming problem is a mathematical procedure called the

Correct AnswerverifiedD

If a company produces two products,1 and 2,represented by x1 and x2 ,and the profit from product 1 is $100 and the profit from product 2 is $50,the objective function for profit,Z,is

Correct AnswerverifiedShow Answer

Mathematical symbols that represent levels of activity of an operation in a linear programming model are

Correct AnswerverifiedShow Answer

Graphical solution of a linear programming problem is limited to models with

Correct AnswerverifiedShow Answer

The sensitivity range for a constraint value to the right of the inequality indicates the allowable increase and decrease

Correct AnswerverifiedShow Answer

In a linear programming model the possible decision variable solution values at corner points on the solution space boundary are the result of

Correct AnswerverifiedShow Answer

In order to transform a constraint <= inequality into an equation

Correct AnswerverifiedShow Answer

Correct Answer
verified
B

Correct Answer
verified
D

Correct Answer
verified

Correct Answer
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Correct Answer
verified
D

If a company produces two products,1 and 2,represented by x₁ and x₂,and the profit from product 1 is $100 and the profit from product 2 is $50,the objective function for profit,Z,is

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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