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Quantitative Methods
Final Exam
3/16/16 11:51 PM
3/17/16 2:31 AM
3/21/16 9:00 AM
Completed
185 out of 200 points
2 hours, 40 minutes out of 5 hours
Submitted Answer

(a) Define the decision variables and write the linear programming model for the p
Objective Function
Minimize Z= $0.06x1 + $0.03x2
Decsion Variables
Where x1 = cost of oats
Where x2 = cost of rice
Constraints
10x1 + 6x2 >= 45
2x1 + 3x2 >= 13
(b) Sketch t

Cab Company Scheduling
let Di = # of drivers who start their 8 hour shift in period I (I = 1,2,3,4,5,6)
period 1
12:00:00 AM-4:00am
period 4
12 noon - 4:00pm
period 2
4:00am - 8:00am
period 5
4:00pm - 8:00pm
period 3
8:00am - 12 noon
period 6
8:00pm - mid

Cab Company Scheduling
let Di = # of drivers who start their 8 hour shift in period I (I = 1,2,3,4,5,6)
period 1
12:00:00 AM-4:00am
period 4
12 noon - 4:00pm
period 2
4:00am - 8:00am
period 5
4:00pm - 8:00pm
period 3
8:00am - 12 noon
period 6
8:00pm - mid

CASE STUDY
1
Linear Programming Case Study
Kenesha Phillips
September 11, 2015
MAT 540: Quantitative Methods
Dr. Christopher Hase
Assignment 1
CASE STUDY
2
Within the Julia Food Booth study, it is determined that the overall objective of the model
is to m

Quiz 5
Question 1
2 out of 2 points
If we are solving a 0-1 integer programming problem with three decision
variables, the constraint x1 + x2 1 is a mutually exclusive constraint.
Selected
Answer:
e
Correct
Answer:
e
Tru
Tru
Question 2
2 out of 2 points
I

Quiz 4
Question 1
2 out of 2 points
A systematic approach to model formulation is to first construct the
objective function before determining the decision variables.
Selected
Answer:
e
Correct
Answer:
e
Fals
Fals
Question 2
2 out of 2 points
When using

Quiz 1
Question 1
2 out of 2 points
In general, an increase in price increases the break even point if all costs
are held constant.
Selected
Answer:
e
Correct
Answer:
e
Fals
Fals
Question 2
2 out of 2 points
Fixed cost is the difference between total cos

Quiz 3
Question 1
2 out of 2 points
Probability trees are used only to compute conditional probabilities.
Selected
Answer:
e
Correct
Answer:
e
Fals
Fals
Question 2
2 out of 2 points
Seventy two percent of all observations fall within 1 standard deviation

Quiz 2
Question 1
2 out of 2 points
Probability trees are used only to compute conditional probabilities.
Selected
Answer:
e
Correct
Answer:
e
Fals
Fals
Question 2
2 out of 2 points
Seventy two percent of all observations fall within 1 standard deviation