Optimization and Linear Programming
A common form of the productmix linear programming seeks to find the quantities of items in the product mix that maximizes profit in the presence of limited resources.
True
Linear programming helps operations managers make decisions necessary to allocate resources.
True
In linear programming, the unit profit or unit contribution associated with one decision variable can be affected by the quantity made of that variable or of any other variable in the problem.
False
What combination of x and y will yield the optimum for this problem?
Minimize $3x + $15y, subject to
(1) 2x + 4y 12 and
(2) 5x + 2y 10.
x = 0, y = 0
In linear programming, a statement such as "maximize contribution" becomes a(n)
objective function.
Choosing the …show more content…
The optimal solution of a linear programming problem that consists of two variables and six constraints will probably not have all six constraints binding.
True
What combination of a and b will yield the optimum for this problem?
Maximize $6a + $15b, subject to
(1) 4a + 2b 12 and
(2) 5a + 2b 20
a= 0, b=6
What combination of x and y will yield the optimum for this problem?
Minimize $3x + $15y, subject to
(1) 2x + 4y 12 and
(2) 5x + 2y 10.
Wrong x=1, Y=15
evaluating on or more alternatives described by probailistic data is referred to as
Wrong Linear Regression
The amount that an objective function coefficient can change before the optimum values of the variables must change is given by
both 1 and 2
DQ 21
If the amounts of two binding resources change simulatneously, the impact on the objective function can be obtained form the shadow prices
False
reduced cost is associated with variables
True
reduced cost is associated with constraints
False
A feasible solution in transportation models is one in which all of the supply and demand constraints are satisfied.
True
A transportation problem with a total supply of 500 and a total demand of 400 will have an optimal solution that leaves 100 units of supply unused.
True
The optimal solution of a linear

Optimization and Linear Programming
1499 Words  6 PagesDQ 17 A common form of the productmix linear programming seeks to find the quantities of items in the product mix that maximizes profit in the presence of limited resources. True Linear programming helps operations managers make decisions necessary to allocate resources. True In linear programming, the unit profit or unit contribution associated with one decision variable can be affected by the quantity made of that variable or of any other variable in the problem. False What combination…

Linear Programming to Solve Coal Blending Problem
1780 Words  8 Pages17th International Mining Congress and Exhibition of Turkey IMCET 2001, © 2001, ISBN 9753954174 Optimum Blending of Coal by Linear Programming for the Power Plant at Seyitömer Coal Mine K.Erarslan, H.Aykul, H.Akçakoca & N.Çetin Dumlupınar University, Department of Mining Engineering, 43100, Kütahya, Turkey ABSTRACT: In this study, a linear programming model is developed to determine the optimum coal blend in terms of quality and quantity. Coal with various features is mined from different panels…

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1107 Words  5 Pages12), 28, 30. Please use Excel solver function. I posted an annotated solution to Problem 25. This problem is an examplar for both the chapter 2 and 3 problems. In this example I show how I typically set up a problem. First I set up the linear programming model and then develop a parallel setup to use as input to the Solver addin. I use this strategy because I first like to set up the problem solution before I worry about setting up the parameters for using Solver. 24. Universal Claims Processors…

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Linear Programming
1303 Words  6 PagesThe development of linear programming has been ranked among the most important scientific advances of the mid 20th century. Its impact since the 1950’s has been extraordinary. Today it is a standard tool used by some companies (around 56%) of even moderate size. Linear programming uses a mathematical model to describe the problem of concern. Linear programming involves the planning of activities to obtain an optimal result, i.e., a result that reaches the specified goal best (according to the mathematical…
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