TEST3-QUESTINS WITH ANSWERS RATED A+ VERIFIED DOWNLOAD TO SCORE A

TEST3-QUESTINS WITH ANSWERS
RATED A+ VERIFIED DOWNLOAD TO
SCORE A


1. Linear programming is a subset of a larger
class of models called: a. mathematical
programming models
b. mathematical optimality models

c.linear regression models

d. linear simplex models




2. In using Excel® to solve linear programming problems, the objective
cell represents the(Changing) a. value of the objective function
b. constraints

c.decision variables

d. total cost of the model




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, TEST3-QUESTINS WITH ANSWERS
RATED A+ VERIFIED DOWNLOAD TO
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3. An efficient algorithm for finding the optimal solution in a linear programming model
is the:
a. spreadsheet method

b. solution mix method

c. complex

method d.
simplex
method




4. As related to sensitivity analysis in linear programming, when the profit
increases with a unit increase in labor, this change in profit is referred to as the:
a. add-in price

b. sensitivity

price c.
shadow
price
d. additional profit




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5. All optimization problems have:
a.an objective function and decision variables
b. an objective function and constraints

c.decision variables and constraints

d. an objective function, decision variables and constraints




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