Exam 2B.pdf

# Exam 2B.pdf

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10/23/16, 11:13 PM Exam 2B Page 1 of 7 https://ubonline.ubalt.edu/portal/tool/3ee70d59-9a22-441d-b814-0a70e45bd9c8/jsf/delivery/beginTakingAssessment Exam 2B Part 1 of 1 - Question 1 of 20 1.0 Points Multiple optimal solutions provide ________ ﬂexibility to the decision maker. A. greater B. less C. less or equal D. greater or equal Reset Selection Question 2 of 20 1.0 Points Cully Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs \$500 and requires 100 cubic feet of storage space, and each medium shelf costs \$300 and requires 90 cubic feet of storage space. The company has \$75,000 to invest in shelves this week, and the warehouse has 18,000 cubic feet available for storage. Profit for each big shelf is \$300 and for each medium shelf is \$150. If the furniture company purchases no big shelves and 200 medium shelves, which of the two resources will be completely used (at capacity)? A. investment money only B. investment money and storage space C. storage space only D. neither investment money nor storage space Reset Selection Question 3 of 20 1.0 Points ________ is used to analyze changes in model parameters. A. Optimal solution B. A slack variable C. Sensitivity analysis D. Feasible solution Reset Selection Question 4 of 20 1.0 Points Consider the following maximization problem. MAX z = x + 2 y s.t. 2 x + 3 y 6

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10/23/16, 11:13 PM Exam 2B Page 2 of 7 https://ubonline.ubalt.edu/portal/tool/3ee70d59-9a22-441d-b814-0a70e45bd9c8/jsf/delivery/beginTakingAssessment 5 x + 6 y 30 y 1 The optimal solution A. occurs where x = 4.67 and y = 1.11. B. occurs where x = 0 and y = 2. C. results in an objective function value of 12. D. occurs where x = 6 and y = 0. Reset Selection Question 5 of 20 1.0 Points The owner of Chips etc. produces two kinds of chips: lime (L) and vinegar (V). He has a limited amount of the three
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