# Math 540 Final Exam

## Math 540 Final Exam

• Submitted By: rjnewby
• Date Submitted: 01/19/2014 4:24 PM
• Category: Science
• Words: 2817
• Page: 12
• Views: 6

* Question 1
5 out of 5 points
| |
| Fractional relationships between variables are not permitted in the standard form of a linear program.
Answer | | | |
| Selected Answer: |  True |
Correct Answer: |  True |
| | | |
* Question 2
5 out of 5 points
| |
| In an unbalanced transportation model, supply does not equal demand and one set of constraints uses ≤ signs.
Answer | | | |
| Selected Answer: |  True |
Correct Answer: |  True |
| | | |
* Question 3
5 out of 5 points
| |
| Excel can be used to simulate systems that can be represented by both discrete and continuous random variables.
Answer | | | |
| Selected Answer: |  True |
Correct Answer: |  True |
| | | |
* Question 4
5 out of 5 points
| |
| In a transshipment problem, items may be transported from destination to destination and from source to source.
Answer | | | |
| Selected Answer: |  True |
Correct Answer: |  True |
| | | |
* Question 5
5 out of 5 points
| |
| In a total integer model, all decision variables have integer solution values.
Answer | | | |
| Selected Answer: |  True |
Correct Answer: |  True |
| | | |
* Question 6
5 out of 5 points
| |
| A cycle is an up and down movement in demand that repeats itself in less than 1 year.
Answer | | | |
| Selected Answer: |  False |
Correct Answer: |  False |
| | | |
* Question 7
5 out of 5 points
| |
| Using the maximin criterion to make a decision, youAnswer | | | |
| Selected Answer: |    Look at the worst payoff for each possible decision and select the decision with the largest worst payoff |
Correct Answer: |    Look at the worst payoff for each possible decision and select the decision with the largest worst payoff |
| | | |
* Question 8
5 out of 5 points
| |
| Using the minimax regret criterion to make a decision,...