QMB3600 || with 100% Correct Answers.
Linear programming can only be used to maximize revenue, maximize profit, or minimize cost.
correct answers False
The objective function is a sum. correct answers True
The constraints are always equations. correct answers False
Variables can appear on both sides of the objective function. correct answers False
A limit of some type is one example of a constraint. correct answers True
The optimal solution must always satisfy all constraints. correct answers True
The optimal value uses the optimal solution for its decision variables. correct answers True
A decision variable may be a negative number in the optimal solution. correct answers False
In our class, the only way to represent the non-negativity constraint is to write out each variable
and set it greater than zero. correct answers False
The following can be an example of which of the choices?
123 correct answers Optimal value
The optimal value is what the objective function equals when the optimal solution is used for the
variables. Since all the variables are replaced with numbers, the sum of the product is one
number and represents, for example, what is the best possible revenue when all constraints are
met. This revenue is a number. correct answers Optimal value
, The following can be an example of which of the choices?
3X + 4Y - 2Z = 100 correct answers Constraint
The only place in a LP where you write an equation correct answers Constraint
The following can be an example of which of the choices?
X = 10, Y = 3, Z=0 correct answers Optimal solution
the value of the variables that satisfy all constraint and maximize (or minimize) the objective
function. correct answers Optimal solution
The following can be an example of which of the choices?
MIN 10X + 90Y + 25Z correct answers Objective function
a sum that originally has all the decision variables in it. When writing it you do not write the
equal sign or the inequality signs. The objective function also starts with MAX or MIN. correct
answers Objective function
The following can be an example of which of the choices?
X + Y - Z > 30 correct answers Objective function, Constraint
A negative reduced cost comes from a variable with a final value of zero. correct answers True
Linear programming can only be used to maximize revenue, maximize profit, or minimize cost.
correct answers False
The objective function is a sum. correct answers True
The constraints are always equations. correct answers False
Variables can appear on both sides of the objective function. correct answers False
A limit of some type is one example of a constraint. correct answers True
The optimal solution must always satisfy all constraints. correct answers True
The optimal value uses the optimal solution for its decision variables. correct answers True
A decision variable may be a negative number in the optimal solution. correct answers False
In our class, the only way to represent the non-negativity constraint is to write out each variable
and set it greater than zero. correct answers False
The following can be an example of which of the choices?
123 correct answers Optimal value
The optimal value is what the objective function equals when the optimal solution is used for the
variables. Since all the variables are replaced with numbers, the sum of the product is one
number and represents, for example, what is the best possible revenue when all constraints are
met. This revenue is a number. correct answers Optimal value
, The following can be an example of which of the choices?
3X + 4Y - 2Z = 100 correct answers Constraint
The only place in a LP where you write an equation correct answers Constraint
The following can be an example of which of the choices?
X = 10, Y = 3, Z=0 correct answers Optimal solution
the value of the variables that satisfy all constraint and maximize (or minimize) the objective
function. correct answers Optimal solution
The following can be an example of which of the choices?
MIN 10X + 90Y + 25Z correct answers Objective function
a sum that originally has all the decision variables in it. When writing it you do not write the
equal sign or the inequality signs. The objective function also starts with MAX or MIN. correct
answers Objective function
The following can be an example of which of the choices?
X + Y - Z > 30 correct answers Objective function, Constraint
A negative reduced cost comes from a variable with a final value of zero. correct answers True
