MAT 540 Quiz 3

Mat 540 Quiz 3
Question 1 .2 out of 2 points
Correct The following inequality represents a resource constraint for a maximization problem:
X + Y ≥ 20
Answer
Selected Answer: False
Correct Answer: False

Question 2 .2 out of 2 points
Correct Graphical solutions to linear programming problems have an infinite number of possible objective function lines.
Answer
Selected Answer: True
Correct Answer: True

Question 3 .2 out of 2 points
Correct Surplus variables are only associated with minimization problems.
Answer
Selected Answer: False
Correct Answer: False

Question 4 .2 out of 2 points
Correct In a linear programming problem, all model parameters are assumed to be known with certainty.
Answer
Selected Answer: True
Correct Answer: True

Question 5 .2 out of 2 points
Correct A linear programming problem may have more than one set of solutions.
Answer
Selected Answer: True
Correct Answer: True

Question 6 .2 out of 2 points
Correct A linear programming model consists of only decision variables and constraints.
Answer
Selected Answer: False
Correct Answer: False

Question 7 .2 out of 2 points
Correct In minimization LP problems the feasible region is always below the resource constraints.
Answer
Selected Answer: False
Correct Answer: False

Question 8 .2 out of 2 points
Correct Cully furniture buys 2 products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space. The company has $75000 to invest in shelves this week, and the warehouse has 18000 cubic feet available for storage. Profit for each big shelf is $300 and for each medium shelf is $150. What is the storage space constraint?
Answer
Selected Answer: 100B + 90M ≤ 18000
Correct Answer: 100B + 90M ≤ 18000

Question 9 .2 out of 2 points
Correct Cully furniture buys 2 products