Exam (elaborations)
MAT 540 FINAL EXAM
- Course
- Institution
MAT 540 FINAL EXAM MAT540 FINAL EXAM
[Show more]
Seller
Follow
solutions
Reviews received
Content preview
Question 15 out of 5 points
Adjusted exponential smoothing is an exponential smoothing forecast adjusted for
seasonality.
Answer
Selected
Answer: False
Correct Answer:
False
Question 2
5 out of 5 points
A cycle is an up and down movement in demand that repeats itself in less than 1 year.
Answer
Selected
Answer: False
Correct Answer:
False
Question 3
5 out of 5 points
Fractional relationships between variables are not permitted in the standard form of a
linear program.
Answer
Selected
Answer: True
Correct Answer:
Tru
e
Question 4
5 out of 5 points
In a total integer model, all decision variables have integer solution values.
Answer
, Selected
Answer: True
Correct Answer:
Tru
e
Question 5
5 out of 5 points
If we are solving a 01 integer programming problem, the constraint x1 = x2 is a
conditional constraint.
Answer
Selected
Answer: False
Correct Answer:
False
Question 6
5 out of 5 points
In an unbalanced transportation model, supply does not equal demand and one set of
constraints uses ≤ signs.
Answer
Selected
Answer: True
Correct Answer:
Tru
e
Question 7
5 out of 5 points
A business owner is trying to decide whether to buy, rent, or lease office space and has
constructed the following payoff table based on whether business is brisk or slow.
The conservative (maximin) strategy is:
Answer
, Selected
Answer:
Lease
Correct Answer:
Lease
Question 8
0 out of 5 points
In linear programming problems, multiple optimal solutions occur
Answer
Selected Answer:
Correct Answer:
when the objective function is parallel to a constraint line
Question 9
5 out of 5 points
Using the minimax regret criterion to make a decision, you
Answer
Selected Answer:
Correct
Answer:
Construct a table of regrets.
decision.
Question 10
5 out of 5 points
Using the maximin criterion to make a decision, you
Answer
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller solutions. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78998 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now