Question: Given the following data for a particular inventory item: 1. What is the economic order quantity for this item? A. 2,000 units B. 1940 Units
Given the following data for a particular inventory item:
1. What is the economic order quantity for this item?
A. 2,000 units
B. 1940 Units
C. 1950 Units
D. 2050 Units
2. The linear optimization technique for allocating constrained resources among different products is:
A. linear regression analysis
B. linear disaggregation
C. linear decomposition
D. linear programming
E. linear tracking analysis
3. Which of the following is not a component of the structure of a linear programming model?
A. Constraints
B. Decision variables
C. Parameters
D. A goal or objective
E. Environmental uncertainty
4. Which of the following could not be a linear programming problem constraint?
A. 1A + 2B 3
B. 1A + 2B 3
C. 1A + 2B = 3
D. 1A + 2B + 3C + 4D 5
E. 1 A + 2B
5. For the products A, B, C and D, which of the following could be a linear programming objective function?
A. Z = 1A + 2B + 3C + 4D
B. Z = 1A + 2BC + 3D
C. Z = 1A + 2AB + 3ABC + 4ABCD
D. Z = 1A + 2B/C + 3D
E. all of the above
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