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Quiz 4: Quantitative Methods: Linear Programming and Optimization Problems - Document preview page 1

Quiz 4: Quantitative Methods: Linear Programming and Optimization Problems - Page 1

Document preview content for Quiz 4: Quantitative Methods: Linear Programming and Optimization Problems

Quiz 4: Quantitative Methods: Linear Programming and Optimization Problems

Assessment covering linear programming and optimization techniques.

Ethan Wilson
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Quiz 4: Quantitative Methods: Linear Programming and Optimization Problems - Page 1 preview imageQuiz 4: Quantitative Methods: Linear Programming and Optimization ProblemsCourseQuantitative MethodsTestQuiz 4Started6/7/15 11:11 AMSubmitted6/7/15 12:56 PMStatusCompletedAttempt Score40 out of 40 pointsTime Elapsed1 hour, 45 minutes out of 4 hours.InstructionsQuestion 12 out of 2 pointsWhen using a linear programming model to solve the "diet" problem, the objective is generallyto maximize profit.AnswerSelected Answer:FalseCorrect Answer:FalseQuestion 22 out of 2 pointsIn a balanced transportation model, supply equals demand such that all constraints can betreated as equalities.AnswerSelected Answer:TrueCorrect Answer:True
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Quiz 4: Quantitative Methods: Linear Programming and Optimization Problems - Page 3 preview imageQuestion 32 out of 2 pointsIn a transportation problem, a demand constraint (the amount of product demanded at a givendestination) is a less-than-or equal-to constraint (≤).AnswerSelected Answer:FalseCorrect Answer:FalseQuestion 42 out of 2pointsFractional relationships between variables are permitted in the standard form of a linearprogram.AnswerSelected Answer:FalseCorrect Answer:FalseQuestion 52 out of 2 pointsThe standard form for the computer solution of a linear programming problem requires allvariables to be to the right and all numerical values to be to the left of the inequality orequality signAnswerSelected Answer:FalseCorrect Answer:FalseQuestion 62 out of 2 points
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