Question

In: Statistics and Probability

Non-negativity is always present in a linear programming problem. A) True B) False In all linear...

  1. Non-negativity is always present in a linear programming problem.

A) True

B) False

  1. In all linear programming problems, the maximization or minimization of some quantity is the objective.

A) True

B) False

  1. All linear programming problems have at least one feasible solution.

A) True

B) False

  1. The point (0,0) is always part of the feasible region.

A) True

B) False

  1. The optimal solution for a linear programming problem occurs when the objective function intersects with at least one of the corner points.

A) True

B) False

Solutions

Expert Solution

1. TRUE. Even if non-negativity is not present, we can change it to non-negativity. For example if a condition is x1<=0, we can replace x1 by -x1 and the condition becomes, -x1>=0

2. TRUE. Linear programming is done to maximize or minimize an objective.

3. FALSE. There are infeasible linear programming problems. For example,

Max (x1)+2(x2) subject to x1+x2<=-1, x1-x2<=2; x1,x2>=0.

Then x1,x2>=0 implies x1+x2>=0. Thus x1+x2<=-1 can never be satisfied. Hence, this program is infeasible.

4. FALSE. Consider the following:

Min (x1)+2(x2) subject to x1+x2>=3; x1,x2>=0.

Note that (0,0) is not included in the feasible region as x1+x2 at (0,0) is 0+0 = 0<3. Thus, (0,0) doesn't satisfy the constrain,

5. There is an ambiguity, as the objective function isn't a line and hence can't INTERSECT a corner point. Also it's not always true that a corner point is the optimal solution. For example, in an unbounded LPP, the corner point is not an optimal solution. Hence, this is FALSE.


Related Solutions

The timing gaming problem occurs when the incentives for the worker are non-linear. True or False?...
The timing gaming problem occurs when the incentives for the worker are non-linear. True or False? A concave reward structure when the commission rate declines as output increases, results in a smoothing of output throughout the time period. True or False? The timing gaming problem is evidence that non-linear reward structures should never be used. True or False?
Government intervention is always required to deal with the problem of asymmetric information in insurance. True or false?
(c) Government intervention is always required to deal with the problem of asymmetric information in insurance. True or false? Explain your answer. (d) Outline the rationale for and benefits of a publicly funded health service.  
Indicate whether the following statements are always true or can be false. True False  If an object's...
Indicate whether the following statements are always true or can be false. True False  If an object's speed does not change, no net force is acting on the object. True False  If two objects are under the influence of equal forces, they have the same acceleration. True False  The net force which acts on an object which maintains a constant velocity is zero. True False  An object's velocity will change if a net force acts on the object. True False  A truck initially moving at...
1. All mutations are harmful. a) True b) False 2. Which of the following is TRUE...
1. All mutations are harmful. a) True b) False 2. Which of the following is TRUE about mutations? a) Mutations are more likely to occur if they result in a useful trait b) Mutations can be inherited. c) Mutations only occur during DNA replication d) Mutations do not occur in organisms that reproduce asexually 3. Which of the following would increase the chances of getting a mutation? a) Wearing a hat outside b) Putting sunscreen on your face and arms...
all true/false 3. when solving for the present value of annuity, all cash flows are discounted...
all true/false 3. when solving for the present value of annuity, all cash flows are discounted t/f 5. other things equal, the pv of an annuity due,> of perpetuity t/f 6. the payment on a discount loan is simply the future value of a loan t/f 9. If you save $100 annually for 30 years and earn 4% your future value < $6000 t/f 10. Take a lottery's cash option is the lottery's indifference point > the rate you could...
Indicate whether the following statements are always true or can be false. (Select T-True, F-False. If...
Indicate whether the following statements are always true or can be false. (Select T-True, F-False. If the first is F and the rest T, enter FTTTTT). A) In order not to slow down, a bicycle moving at a constant velocity needs a small net force applied. B) If two objects have the same acceleration, they are under the influence of equal forces. C) If a net force acts on an object, the object's velocity will change. D) During the collision...
True or False: 1) Non-response bias always causes downward because fewer people respond and hence we...
True or False: 1) Non-response bias always causes downward because fewer people respond and hence we have less data. 2) A sample that is created by randomly selecting individuals from the population to participate in a survey is always representative of the population. 3) When the median is higher than the mean, the share of observations to the left of the mean is greater than the share of observations to the right.
Answer (A) True or (B) False 51. Non-Verbal Communication is used 60% of the time. 52....
Answer (A) True or (B) False 51. Non-Verbal Communication is used 60% of the time. 52. All Feedback is positive in communication. 53. Noise can be only what you hear. 54. The receiver is always responsible for the message. 55. Upward communication is always good for the staff in a organization. 56. There are 4 basic communication styles. 57. Social media allows users to create and share content. 58. Informal communication needs to be written in order to be impactful....
Every linear programming problem involves optimizing a: Select one: a. linear function subject to several linear...
Every linear programming problem involves optimizing a: Select one: a. linear function subject to several linear constraints b. linear regression model subject to several linear constraints c. linear function subject to several non-linear constraints d. non-linear function subject to several linear constraints
Consider the following transportation problem. Formulate this problem as a linear programming model and solve it...
Consider the following transportation problem. Formulate this problem as a linear programming model and solve it using the MS Excel Solver tool. Shipment Costs ($), Supply, and Demand: Destinations Sources 1 2 3 Supply A 6 9 100 130 B 12 3 5 70 C 4 8 11 100 Demand 80 110 60 (4 points) Volume Shipped from Source A __________ (4 points) Volume Shipped from Source B __________ (4 points) Volume Shipped from Source C __________ (3 points) Minimum...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT