BUSOBA 2321 FINAL exam WITH
OBJECTIVELY CORRECT
QUESTIONS AND ANSWERS
A constraint that has no slack or surplus is referred to as a -
ANSWERS-Binding Constraint
What cells would be set as changing variable cells in Solver -
ANSWERS-Solution: ALL Decision Variables
An infeasible solution means that - ANSWERS-
Corner points represent - ANSWERS-A point in which a set of
constraints intersect
The Quantity "(RHS Value) - (Final Value)" of a constraint will give
you - ANSWERS-Slack or surplus
The region of a graph that contains the allowable values for the
decision variables, as determined by the set of constraints is called the
- ANSWERS-Feasible Region
Which of the following is not part of assignment models -
ANSWERS-Warehouses
, T/F: Simulation problems provide a likely solution based on a range
of outcomes and associated probabilities - ANSWERS-True
Which of the following is not an advantage of simulation? -
ANSWERS-(None of the Above)
T/F: A data table can assist with simulation problems due to their
ability to easy replicate the simulation many times - ANSWERS-True
When LHS Zero < RHS - ANSWERS-No slack
When LHS Zero > RHS - ANSWERS-No surplus
Variable Cells section provides sensitivity on the - ANSWERS-
Objective Function Coefficients (OFCs)
Changes in the OFCs have no impact on - ANSWERS-The Feasible
Region
When is the Shadow Price always Zero? - ANSWERS-For a non-
binding constraint
The 100% Rule - ANSWERS--Changes must be in the same type of
input data. OFC values OR RHS values, not both at the same time
OBJECTIVELY CORRECT
QUESTIONS AND ANSWERS
A constraint that has no slack or surplus is referred to as a -
ANSWERS-Binding Constraint
What cells would be set as changing variable cells in Solver -
ANSWERS-Solution: ALL Decision Variables
An infeasible solution means that - ANSWERS-
Corner points represent - ANSWERS-A point in which a set of
constraints intersect
The Quantity "(RHS Value) - (Final Value)" of a constraint will give
you - ANSWERS-Slack or surplus
The region of a graph that contains the allowable values for the
decision variables, as determined by the set of constraints is called the
- ANSWERS-Feasible Region
Which of the following is not part of assignment models -
ANSWERS-Warehouses
, T/F: Simulation problems provide a likely solution based on a range
of outcomes and associated probabilities - ANSWERS-True
Which of the following is not an advantage of simulation? -
ANSWERS-(None of the Above)
T/F: A data table can assist with simulation problems due to their
ability to easy replicate the simulation many times - ANSWERS-True
When LHS Zero < RHS - ANSWERS-No slack
When LHS Zero > RHS - ANSWERS-No surplus
Variable Cells section provides sensitivity on the - ANSWERS-
Objective Function Coefficients (OFCs)
Changes in the OFCs have no impact on - ANSWERS-The Feasible
Region
When is the Shadow Price always Zero? - ANSWERS-For a non-
binding constraint
The 100% Rule - ANSWERS--Changes must be in the same type of
input data. OFC values OR RHS values, not both at the same time
