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Saint GBA334 module 5 Quiz - Document preview page 1

Saint GBA334 module 5 Quiz - Page 1

Document preview content for Saint GBA334 module 5 Quiz

Saint GBA334 module 5 Quiz

A quiz assessing management and business strategy concepts.

Claire Mitchell
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Saint GBA334 module 5 Quiz - Page 1 preview imageSaint GBA334 module 5 quizQuestionQuestion 1.1.Consider the following linear programming problem:Maximize 12X + 10YSubject to: 4X + 3Y4802X + 3Y360All variables0What is the optimum solution of (X,Y)?(Points : 5)X=480, Y = 360X=360, Y-480X=60, Y=80X=80, Y=60None of the aboveQuestion 2.2.When appropriate, the optimal solution to a maximization linear programming problem can befound by graphing the feasible region and(Points : 5)finding the profit at every corner point of the feasible region to see which one gives the highestvalue.moving the isoprofit lines towards the origin in a parallel fashion until the last point in thefeasible region is encountered.locating the point that is highest on the graph.None of the aboveAll of the aboveQuestion 3.3.An LP formulation typically requires finding the maximum value of an objective whilesimultaneously maximizing usage of the resource constraints.(Points : 5)TrueFalseQuestion 4.4.Infeasibility in a linearprogramming problem occurs when(Points : 5)
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Saint GBA334 module 5 Quiz - Page 3 preview imagethere is an infinite solution.a constraint is redundant.more than one solution is optimal.the feasible region is unbounded.there is no solution that satisfies all the constraints given.Question 5.5.If the addition of a constraint to a linear programming problem does not change the solution, theconstraint is said to be(Points : 5)unbounded.non-negative.infeasible.redundant.bounded.Question 6.6.Solve the following linear programming problem:Maximize 10X + 1YSubject to: 4X + 3Y362X + 4Y40Y ? 3What is the maximum profit?(Points : 5)364036.7570.5Question 7.7.In the term linear programming, the word programming comes from the phrase "computerprogramming."(Points : 5)TrueFalseQuestion 8.8.The difference between the left-hand side and right-hand side of a greater-than-or-equal-toconstraint is referred to as
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