illustrative_final_5

illustrative_final_5 - Name: (please print) Illustrative...

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Name: (please print) Illustrative Final Exam 1 BUAD311 – Operations Management 1 hour and 40 minutes All together the exam has a maximum of 50 points. There are 7 pages including this page. This is a closed-book, closed-notes exam. You are allowed to use one double-sided crib sheet (8.5x11). Sharing a crib sheet with other students is not allowed. You may use a simple calculator. No laptops. No PDAs. You may earn a partial credit for each question unless otherwise noted. Show your work completely. If you don’t show your work, there will be no credits. Do not be tempted to seek “inspiration” from a neighbor’s exam. Poor scores can be overcome, but cheating will be dealt with harshly! Please sign here to indicate that you have adhered to university policies regarding ethical behavior in preparing for and completing this exam. “I hereby certify that I have adhered to the university policies regarding ethical behavior in preparing for and completing this exam.” Standard Normal Table (cumulative) Probability <=  z 0.5 0.55 0.6 0.6 5 0.7 0.7 5 0.8 0.8 5 0.9 0.9 5 0.99 9 1  This is the actual final exam from Spring 2010.
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z 0.00 0.13 0.2 5 0.3 9 0.5 2 0.6 7 0.8 4 1.0 4 1.2 8 1.6 4 3.1
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Section A: Multiple Choices [2 points each; no partial credit] 1. Trojan Cookie produces two types of cookies: chocolate chip and oatmeal chocolate chip. Producing 1 dozen chocolate chip cookies requires 2 cups of chocolate chips, and 3 cups of flour. Producing 1 dozen oatmeal chocolate chip cookies requires 2 cups of chocolate chips, 1 cup of flour, and 2 cups of oatmeal. Chocolate chip cookies sell for $10 per dozen, and oatmeal chocolate chip cookies sell for $12 per dozen. You have 20 cups of flour, 20 cups of chocolate chips, and 40 cups of oatmeal available. Which of the following statements is (are) true regarding the linear program (LP) associated with this problem? I. The feasible region for this LP includes the point (5,10). II. If there are 48 cups of oatmeal available, the maximum attainable revenue will decrease. III. In order to attain maximum revenue, at least 1 dozen oatmeal chocolate chip cookies should be produced. a)
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illustrative_final_5 - Name: (please print) Illustrative...

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