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MSIS 3223 FINAL QUESTIONS AND ANSWERS
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MSIS 3223 FINAL QUESTIONS AND ANSWERS
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MSIS 3223 FINAL QUESTIONS AND ANSWERS*Problem Statement such as production must be sufficient to
meet promised customer orders would be categorized as a
______________ constraint. Correct Answer Requirements
*T/F: In Predictive Modeling , verification refers to how well a
model represents reality. Correct Answer FALSE
*T/F: Requirements involve the specifications of minimum
levels of performance. Correct Answer TRUE
*T/F: The Feasible Region is the set of points that satisfy at least
one constraint. Correct Answer FALSE
*T/F: To find the guaranteed Optimal Integer Solution, Integer
Tolerance must be set to 1. Correct Answer FALSE
A poorly scaled model is one that computes values of the
objective, constraints, or intermediate results that differ by
several orders of magnitude. As a result, Solver may detect or
suffer from...? Correct Answer Numerical Instability
If a problem is Infeasible, Solver will report...? Correct Answer
Solver could not find a feasible solution.
In an Integer Optimization Model, some or all of the variables
are restricted to being what? Correct Answer Whole Numbers
In the Solver options, you can check the box ____ ________
________ and Solver will rescale the values of the objective and
, constraint functions internally to minimize the effects of poor
scaling. Correct Answer Use Automatic Scaling
Multiple outputs may be evaluated using what? Correct Answer
One-Way data tables
T/F: Predictive models focus on understanding the future.
Correct Answer TRUE
T/F: Quantity produced is a decision option typically based on
demand. Correct Answer TRUE
Two-Way data tables can evaluate ONLY what? Correct
Answer One output variable
What are Balance Constraints? Correct Answer Essentially
state that Input = Output and ensure that the flow of material or
money is accounted for at locations or between time periods.
What are Binary Variables restricted by? Correct Answer
Variables that are restricted to being either 0 or 1.
What are Constraints? Correct Answer Limitations,
requirements, or other restrictions that are imposed on any
solution, either from practical or technological considerations or
by management policy.
What are Corner Points? Correct Answer the points at which
the constraint lines intersect along the feasible region.
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