The optimal solution to any linear programming problem is the same as the optimal solution to the standard form of the problem. TRUE OR FALSE
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The optimal solution to any linear programming problem is the same as the optimal solution to the standard form of the problem.
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- Linear Programming is a special and versatile technique which can be applied to a variety of management problems viz. True or FallsA college student works in both the school cafeteria and library. She works no more than 12 hours per week at the cafeteria, and no more than 16 hours per week at the library. She must work at least 20 hours each week. Write a system of inequalities that describes all the given conditions. Write a system of inequalities letting x= number of hours worked at the cafeteria per week and y = number of hours worked at the library per week. x+yz x≤ ysWhich of the following statements is NOT true? Your answer: O Primal Simplex Algorithm starts feasible but nonoptimal O Dual Simplex Algorithm starts optimal but infeasible Generalized Simplex Algorithm starts optimal and infeasible
- TRUE OR FALSE The objective function may be expressed as an equation or as an inequality.TRUE OR FALSE An optimal solution does not necessarily use up all the limited resources available.TRUE OR FALSE In the simplex minimization method, optimality is signaled by the presence of all positive values in the Cj-Zj row
- FRUIT COMPUTER COMPANY Fruit Computer Company manufactures memory chips in batches of ten chips. From past experience, Fruit knows that 80% of all batches contain 10% (1 out of 10) defective chips, and 20% of all batches contain 50% (5 out of 10) defective chips. If a good (that is, 10% defective) batch of chips is sent to the next stage of production, processing costs of $4000 are incurred, and if a bad batch (50% defective) is sent on to the next stage of production, processing costs of $16000 are incurred. Fruit also has the alternative of reworking a batch at a cost of $4000. A reworked batch is sure to be a good batch. Alternatively, for a cost of $400, Fruit can test one chip from each batch in an attempt to determine whether the batch is defective. QUESTIONS 1.Determine a strategy so Fruit can minimize the expected total cost per batch. 2.Compute the EVSI and EVPI.Solver's Answer report is available for every unsolved problem. O True O FalseIf a "Prisoner’s Dilemma" type of game is played repeatedly for a given number of finite periods that is known to each player, players can maintain cooperation throughout the game. true or false? Solve this Economic
- LINEAR PROGRAMMING. A certain Repair Shop with only the owner doing the repair job would like to earn P3,000.00 for two days. On the average, he charges P500 per piece for the repair of one unit of laptop and P200 for the repair of each unit of one cellphone. He works for 8 hours a day. He spends on the average 2 hours to repair a unit of laptop and 1.5 hours to repair a cellphone. Using linear programming, determine how many units of laptops and how units of cellphone he must repair for two days in order for him to earn exactly P3,000.00 for two days. You may use linear equations and/or inequalities to arrive at the answers. Check the consistency of your answers.If a firm wishes to choose at least 2 of 4 possible activities (A, B, C and D), the constraint XÃ + XB + XC + XD ≥ 2 will enforce this relationship in a linear program. True or False True FalseFor the remaining questions, consider the following problem description: An oil company is considering exploring new well sites S₁, S2, ..., S10 with respective costs C1, C2, C10. And in particular they want to find the least-cost selection of 5 out of the 10 possible sites. The binary decision variables x₁,x2,..., X10 denote the decision to explore the corresponding site.