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91) Susanna Nanna is the production manager for a furniture manufacturing company. The company produces tables (X) and chairs (Y). Each table generates a profit of $80 and requires 3 […]
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71) Which of the following is not acceptable as a constraint in a linear programming problem (minimization)? .jpg”> A) Constraint 1 B) Constraint 2 C) Constraint 3 D) Constraint 4 […]
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51) Which of the following is a basic assumption of linear programming? A) The condition of uncertainty exists. B) Independence exists for the activities. C) Proportionality exists in the objective […]
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31) Which of the following is not a part of every linear programming problem formulation? A) an objective function B) a set of constraints C) non-negativity constraints D) a redundant […]
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1) Management resources that need control include machinery usage, labor volume, money spent, time used, warehouse space used, and material usage. 2) In the term linear programming, the word programming […]
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1) A medium-term forecast typically covers a two- to four-year time horizon. 2) Regression is always a superior forecasting method to exponential smoothing, so regression should be used whenever the […]
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41) A medium-term forecast is considered to cover what length of time? A) 2-4 weeks B) 1 month to 1 year C) 2-4 years D) 5-10 years E) 20 years […]
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13.1 PERT and CPM are quantitative analysis tools designed to schedule and control large projects. }13.2 PERT is a deterministic analysis tool allowing for precise times of activities within a […]
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10.1 In solving maximization assignment problems, (a) just reverse all the decision rules used in the minimizing algorithm (if it says subtract, now add, and so on). (b) convert the […]
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10.1 Which of the following techniques can be used for moving from an initial feasible solution to an optimal solution in a transportation problem? (a) Hungarian method (b) stepping-stone method […]
