Question 1
5 out of 5 points
In a 0-1 integer programming problem involving a capital
budgeting application (where xj = 1, if project j is selected, xj =
0, otherwise) the constraint x1 – x2 ≤ 0 implies that if project 2 is
selected, project 1 cannot be selected.
Answer
Selected
Fals
Answer:
e
Correct
Fals
Answer:
e
Question 2
5 out of 5 points
Adjusted exponential smoothing is an exponential smoothing
forecast adjusted for seasonality.
Answer
Selected
Fals
Answer:
e
Correct
Fals
Answer:
e
Question 3
5 out of 5 points
A cycle is an up and down movement in demand that repeats
itself in less than 1 year.
Answer
Selected
Fals
Answer:
e
Correct
Fals
Answer:
e
, Question 4
5 out of 5 points
If we are solving a 0-1 integer programming problem, the
constraint x1 = x2 is a conditional constraint.
Answer
Selected
Fals
Answer:
e
Correct
Fals
Answer:
e
Question 5
5 out of 5 points
In a transshipment problem, items may be transported from
destination to destination and from source to source.
Answer
Selected
Tru
Answer:
e
Correct
Tru
Answer:
e
Question 6
5 out of 5 points
Excel can be used to simulate systems that can be represented
by both discrete and continuous random variables.
Answer
Selected
Tru
Answer:
e
Correct
Tru
Answer:
e
Question 7
, 5 out of 5 points
A business owner is trying to decide whether to buy, rent, or
lease office space and has constructed the following payoff table
based on whether business is brisk or slow.
The conservative (maximin) strategy is:
Answer
Selected
Answer:
Leas
e
Correct
Answer:
Leas
e
Question 8
5 out of 5 points
Events that cannot occur at the same time in any trial of an
experiment are:
Answer
Selected
Answer:
mutually
exclusive
Correct
Answer:
mutually
exclusive
, Question 9
5 out of 5 points
A business owner is trying to decide whether to buy, rent, or
lease office space and has constructed the following payoff table
based on whether business is brisk or slow.
If the probability of brisk business is .40 and for slow business is .
60, the expected value of perfect information is:
Answer
Selected
Answer:
12
Correct
Answer:
12
Question 10
5 out of 5 points
In linear programming problems, multiple optimal solutions occur
Answer
Selected
Answer:
when the objective function is parallel to a
constraint line
Correct
Answer:
when the objective function is parallel to a
5 out of 5 points
In a 0-1 integer programming problem involving a capital
budgeting application (where xj = 1, if project j is selected, xj =
0, otherwise) the constraint x1 – x2 ≤ 0 implies that if project 2 is
selected, project 1 cannot be selected.
Answer
Selected
Fals
Answer:
e
Correct
Fals
Answer:
e
Question 2
5 out of 5 points
Adjusted exponential smoothing is an exponential smoothing
forecast adjusted for seasonality.
Answer
Selected
Fals
Answer:
e
Correct
Fals
Answer:
e
Question 3
5 out of 5 points
A cycle is an up and down movement in demand that repeats
itself in less than 1 year.
Answer
Selected
Fals
Answer:
e
Correct
Fals
Answer:
e
, Question 4
5 out of 5 points
If we are solving a 0-1 integer programming problem, the
constraint x1 = x2 is a conditional constraint.
Answer
Selected
Fals
Answer:
e
Correct
Fals
Answer:
e
Question 5
5 out of 5 points
In a transshipment problem, items may be transported from
destination to destination and from source to source.
Answer
Selected
Tru
Answer:
e
Correct
Tru
Answer:
e
Question 6
5 out of 5 points
Excel can be used to simulate systems that can be represented
by both discrete and continuous random variables.
Answer
Selected
Tru
Answer:
e
Correct
Tru
Answer:
e
Question 7
, 5 out of 5 points
A business owner is trying to decide whether to buy, rent, or
lease office space and has constructed the following payoff table
based on whether business is brisk or slow.
The conservative (maximin) strategy is:
Answer
Selected
Answer:
Leas
e
Correct
Answer:
Leas
e
Question 8
5 out of 5 points
Events that cannot occur at the same time in any trial of an
experiment are:
Answer
Selected
Answer:
mutually
exclusive
Correct
Answer:
mutually
exclusive
, Question 9
5 out of 5 points
A business owner is trying to decide whether to buy, rent, or
lease office space and has constructed the following payoff table
based on whether business is brisk or slow.
If the probability of brisk business is .40 and for slow business is .
60, the expected value of perfect information is:
Answer
Selected
Answer:
12
Correct
Answer:
12
Question 10
5 out of 5 points
In linear programming problems, multiple optimal solutions occur
Answer
Selected
Answer:
when the objective function is parallel to a
constraint line
Correct
Answer:
when the objective function is parallel to a
