Attempt Score 34 out of 40 points Question 1 2 out of 2 points If exactly 3 projects are to be selected from a set of 5 projects‚ this would be written as 3 separate constraints in an integer program. Answer Selected Answer: False Correct Answer: False . Question 2 2 out of 2 points Rounding non-integer solution values up to the nearest integer value will result in an infeasible solution to an integer linear programming problem. Answer Selected
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38 out of 40 points Instructions Question 1 .2 out of 2 points The standard form for the computer solution of a linear programming problem requires all variables to be to the right and all numerical values to be to the left of the inequality or equality sign Answer Selected Answer: False Correct Answer: False . Question 2 .2 out of 2 points In a balanced transportation model‚ supply equals demand such that all constraints can be treated as equalities
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A: Formulation of the LP Model X1(Pizza)‚ X2(hotdogs)‚ X3(barbecue sandwiches) Constraints: Cost: Maximum fund available for the purchase = $1500 Cost per pizza slice = $6 (get 8 slices) =6/8 = $0.75 Cost for a hotdog = $.45 Cost for a barbecue sandwich = $.90 Constraint: 0.75X1 + 0.45X2+ 0.90(X3) ≤ 1500 Oven space: Space available = 3 x 4 x 16 = 192 sq. feet = 192 x 12 x 12 =27648 sq. inches The oven will be refilled before half time- 27648 x 2 = 55296
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Question 1 2 out of 2 points If average forecast error is positive‚ it indicates that the forecast is biased high. Answer Selected Answer: False Correct Answer: False Question 2 2 out of 2 points A seasonal effect is one that repeats at fixed intervals of time‚ typically a year‚ month‚ week‚ or day. Answer Selected Answer: True Correct Answer: True Question 3 2 out of 2 points The Delphi method develops a consensus
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• Question 1 2 out of 2 points Probabilistic techniques assume that no uncertainty exists in model parameters. Answer Selected Answer: False Correct Answer: False • Question 2 2 out of 2 points Parameters are known‚ constant values that are usually coefficients of variables in equations. Answer Selected Answer: True Correct Answer: True • Question 3 0 out of 2 points Fixed cost is the difference between total cost and total variable cost
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1) The model for the transportation problem consists of 18 decision variables‚ representing the number of barrels of wastes transported from each of the 6 plants to each of the 3 waste disposal sites: = Number of Barrels transported per week from plant ‘i’ to the j-th waste disposal site‚ where i = 1‚ 2‚ 3‚ 4‚ 5‚ 6 and j = A‚ B‚ C. The objective function of the manager is to minimize the total transportation cost for all shipments. Thus the objective function is the sum of the individual
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In this work of FIN 375 Entire Course you will find the next docs: FIN 375 Week 1 DQs.doc FIN 375 Week 1 Venture Concepts Paper.doc FIN 375 Week 2 DQs.doc FIN 375 Week 2 Venture Budgeting and Forecasting Paper.doc FIN 375 Week 3 DQs.doc FIN 375 Week 3 Pro-Forma and Business Cycle Research Paper.doc FIN 375 Week 4 DQs.doc FIN 375 Week 4 Financial Prospectus Content Paper.doc FIN 375 Week 5 Capitalization and Reporting Document Presentation.pptx FIN 375 Week 5 DQs.doc FIN 375 Week 5 Financial
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this file of FIN 571 Entire Course you will find the next docs: FIN 571 Final Exam ver2.doc FIN 571 Study Guide 571 finan.docx FIN 571 Week 1 Guillermo Furniture Store Concepts Paper.doc FIN 571 Week 2 Individual Assignment Text Problems Set - A1‚A10‚A12‚A14WEEK 2.doc FIN 571 Week 2 Individual Assignment Text Problems Set - B16‚B18‚B20.xls FIN 571 Week 2 Individual Assignment Text Problems Set - C20.xls FIN 571 Week 3 Lawrence Sports Simulation.doc FIN 571 Week 4
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CLICK TO DOWNLOAD MAT 540 Week 6 Homework Complete the following problems from Chapter 2: 1. Problems 2‚ 6‚ 7‚ 12‚ 16‚ 20 2. Chapter 2 2. A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours‚ and assembly line 2 has 42 available hours. Each product requires 10 hours of processing time on line 1‚ while on line 2 product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit‚ and the profit
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A. Julia Robertson is considering renting a food booth at her school. She is seeking ways to finance her last year and thought that a food booth outside her school’s stadium would be ideal. Her goal is to earn the most money possible thereby increasing her earnings. In this case problem‚ she decided to sell pizza‚ hotdogs and BBQ sandwiches. The following LP model illustrates the maximum net profit and constraints that will determine whether or not to least the booth. Z = $ .75(X1) + $1.05(X2)
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