Bmds 3371 Week 5 Midterm Exam Answers

BMDS 3371 Week 5 Midterm Exam Answers
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BMDS 3371 Week 5 Midterm Exam Answers

UIW Online Spring II 2015 BMDS 3371 Midterm
Name:
04/03/15

Each question is worth 2.5 points. The midterm covers chapters 2, 3, 4 and 6.
The midterm is due by Wednesday, April 8, 2015, 11:59pm CST. No exceptions!
You may print the midterm, highlight the answers, scan and upload it, or,
you may highlight the answers using the Word feature and then submit it.
Make sure to include your last name when saving the file. E.g. Fiala_Midterm

1. The maximization or minimization of a quantity is the
a. goal of management science.
b. decision for decision analysis.
c. constraint of operations research.
d. objective of linear programming.

2. Decision variables
a. tell how much or how many of something to produce, invest, purchase, hire, etc.
b. represent the values of the constraints.
c. measure the objective function.
d. must exist for each constraint.

3. Which of the following is a valid objective function for a linear programming problem?
a. Max 5xy
b. Min 4x + 3y + (2/3)z
c. Max 5x2 + 6y2
d. Min (x1 + x2)/x3

4. Which of the following statements is NOT true?
a. A feasible solution satisfies all constraints.
b. An optimal solution satisfies all constraints.
c. An infeasible solution violates all constraints.
d. A feasible solution point does not have to lie on the boundary of the feasible region.

5. A solution that satisfies all the constraints of a linear programming problem except the nonnegativity constraints is called
a. optimal.
b. feasible.
c. infeasible.
d. semi-feasible.

6. Slack
a. is the difference between the left and right sides of a constraint.
b. constraint is smaller than the right side.is the amount by which the left side of a
c. constraint is larger than the right side.is the amount by which the left side of a
d. exists for each variable in a...