Week 7 Quiz CH 10

Week 7 Quiz CH 10 - Chapter 10 Quiz 1 Every optimization model is made up of which of the following(Multiple Choice a Objective function b A set of

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Chapter 10 Quiz 1. Every optimization model is made up of which of the following (Multiple Choice)? a. Objective function b. A set of constraints c. Decision variables d. All of the above 2. The performance of individual stocks can be measured in what two ways (Multiple Choice)? a. Standards and means b. Returns and risks c. Returns and deviations. d. None of these 3. Which of the following is a common example of a decision variable? a. Quantities to buy b. Quantities to deploy c. Quantities to produce d. All of the above 4. The textbook indicates that we can think of the solution to an optimization problem as providing what we might call tactical information and strategic information. What is tactical information mean? a. We mean that the optimal solution tells us what factors could lead us to even better levels of performance. b. We mean that the optimal solution prescribes the best possible set of decisions under the conditions given. c. We mean that the optimal solution enhances our ability to communicate with others.
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This note was uploaded on 01/11/2012 for the course POL 300 taught by Professor Hafezi during the Spring '09 term at Strayer.

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