Saint GBA334 module 5 Quiz

A quiz assessing management and business strategy concepts.

Claire Mitchell
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Saint GBA334 module 5 quiz
Question
Question 1.1.
Consider the following linear programming problem:
Maximize 12X + 10Y
Subject to: 4X + 3Y 480
2X + 3Y 360
All variables 0
What is the optimum solution of (X,Y)?
(Points : 5)
X=480, Y = 360
X=360, Y-480
X=60, Y=80
X=80, Y=60
None of the above
Question 2.2.
When appropriate, the optimal solution to a maximization linear programming problem can be
found by graphing the feasible region and
(Points : 5)
finding the profit at every corner point of the feasible region to see which one gives the highest
value.
moving the isoprofit lines towards the origin in a parallel fashion until the last point in the
feasible region is encountered.
locating the point that is highest on the graph.
None of the above
All of the above
Question 3.3.
An LP formulation typically requires finding the maximum value of an objective while
simultaneously maximizing usage of the resource constraints.
(Points : 5)
True
False
Question 4.4.
Infeasibility in a linear programming problem occurs when
(Points : 5)
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Document Details

University
Saint Leo University
Subject
Business Management

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