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DSS Exam 2 UPDATED QUESTIONS AND CORRECT ANSWERS

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DSS Exam 2 UPDATED QUESTIONS AND CORRECT ANSWERS A yes-or-no decision is a mutually exclusive decision if it can be yes only if a certain other yes-or-no decision is yes True or false - correct answer false If choosing one alternative from a group excludes choosing all of the others then these alternatives are called mutually exclusive True or false - correct answer true The excel sensitivity report can be used to perform sensitivity analysis for integer programming problems True or false - correct answer false Binary integer programming problems are those where all the decision variables restricted to integer values are further restricted to be binary variables. True or false - correct answer true The constraint x1 ≤ x2 in a bip problem means that alternative 2 cannot be selected unless alternative 1 is also selected True or false - correct answer false Binary variables are best suited to be the decision variables when dealing with yes-or-no decisions True or false - correct answer true Variables whose only possible values are 0 and 1 are called integer variables. True or false - correct answer false

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DSS Exam 2 UPDATED QUESTIONS AND
CORRECT ANSWERS
A yes-or-no decision is a mutually exclusive decision if it can be yes only if a certain other
yes-or-no decision is yes

True or false - correct answer false



If choosing one alternative from a group excludes choosing all of the others then these
alternatives are called mutually exclusive

True or false - correct answer true



The excel sensitivity report can be used to perform sensitivity analysis for integer
programming problems

True or false - correct answer false



Binary integer programming problems are those where all the decision variables restricted to
integer values are further restricted to be binary variables.

True or false - correct answer true



The constraint x1 ≤ x2 in a bip problem means that alternative 2 cannot be selected unless
alternative 1 is also selected

True or false - correct answer false



Binary variables are best suited to be the decision variables when dealing with yes-or-no
decisions

True or false - correct answer true



Variables whose only possible values are 0 and 1 are called integer variables.

True or false - correct answer false



Binary variables are variables whose only possible values are 0 or 1.

,True or false - correct answer true



Solver table can be used to perform sensitivity analysis for integer programming problems

True or false - correct answer true



A problems where all the variables are binary variables is called a pure bip problem

True or false - correct answer true



Binary integer programming problems can answer which types of questions?


Should a project be undertaken?



Should an investment be made?



Should a plant be located at a particular location?


All of these.



None of these. - correct answer all of these



In a bip problem, 1 corresponds to a yes decision and 0 to a no decision. If there are 4
projects under consideration (a, b, c, and d) and at most 2 can be chosen then the following
constraint needs to be added to the formulation: - correct answer a+b+c+d≤2



In a bip problem with 3 mutually exclusive alternatives, x1 , x2 , and x3, the following
constraint needs to be added to the formulation: - correct answer x1 + x2 +x3 ≤ 1



Binary integer programming can be used for:

, Capital budgeting.



Site selection.


Scheduling asset divestitures.



Assignments of routes.



All of these. - correct answer all of these



In a bip problem, 1 corresponds to a yes decision and 0 to a no decision. If project a can be
undertaken only if project b is also undertaken then the following constraint needs to be
added to the formulation - correct answer a ≤ b.



In a bip problem with 2 mutually exclusive alternatives, x1 and x2, the following constraint
needs to be added to the formulation if one alternative must be chosen - correct
answer x1 + x2 = 1.



Which of the following techniques or tools can be used to perform sensitivity analysis for an
integer programming problem?


The sensitivity report.



Trial-and-error.



Solver table.



All of these.



B and c only. - correct answer b an c only

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