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OMGT 3223 Final Exam Questions and Answers
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OMGT 3223 Final Exam Questions and Answers
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OMGT 3223 Final Exam Questions andAnswers
The optimal solution for the dessert planning problem used in class is ... - Answer-more
than 300.
The optimization add-in Solver generally uses ... - Answer-a hill-climbing algorithm.
In a linear programming problem with 10 constraints, the maximum number of corner
points that must be evaluated is approximately ... - Answer-2^10=1024
Approximately 1000
A distributor packages and sells two types of products, A and B. The respective sales
prices for the products are $10 and $5. The distributor has enough storage capacity for
5000 total products. Packaging for product A requires 2 hours and for product B
requires 5 hours. The packaging budget allows for only 1000 hours of labor for
packaging. This linear program can be formulated as ... - Answer-Maximize 10A + 5B,
such that, A + B <= 5000, and 2A + 5B <= 1000, and A >= 0, and B >= 0
The objective function of an optimization problem is ... - Answer-the value that is to be
maximized or minimized.
Suppose that two constraints of a linear program are 3X+Y ≤ 5000 and X+3Y ≤ 3000.
The corner point representing the intersection of these two constraints is ... - Answer-
3(3000-3y) + y = 5000
y=500
x + 3(500) = 3000
x=1500
A distributor packages and sells two types of products, A and B. The respective sales
prices for the products are $5 and $10. The distributor has enough storage capacity for
5000 total products. Packaging for product A requires 2 hours and for product B
requires 5 hours. The packaging budget allows for only 1000 hours of labor for
packaging. This linear program can be formulated as ... - Answer-Maximize 5A + 10B,
such that, A >= 0, B >= 0, A + B <= 5000, and 2A + 5B <= 1000
The principal tool used in this course for optimization is ... - Answer-the standard add-in
Solver.
A random number with uniformly distributed integer values from 5 to 10, including both 5
and 10, can be generated with the Excel formula ... - Answer-=5 +
RANDBETWEEN(0,5)
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