Quiz 2_answers - Name:_ Management Science 407 Quiz 2...

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Name:_______________________ Management Science 407 – Quiz 2 17 January 2010 A. True / False ( 1 point per question: 5 points total ) 1. The dependent variable in a linear programming problem is the total value of the  objective function. a. True b. False 2. The constraints in linear programming may be viewed as uncontrollable or  exogenous variables. a. True b. False 3. In linear programming a slack variable represents the amount of unused  resources. a. True b. False 4. Time series forecasting methods use past chronological data to predict future  behavior. a. True b. False 5. It does not matter how far into the future a forecast is projected from the actual  time series, provided good data are available. a. True b. False  Page 1
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Management Science 407 – Quiz 2 17 January 2010 B. ( 4 Points total ) Breezeless Company produces doors and window frames.  It generates profit at $2.00 
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Quiz 2_answers - Name:_ Management Science 407 Quiz 2...

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