Question: 3. Concerning the Simplex Method of LP solution, which are not true (may be more than one): a) more powerful than the graphical solution method

3. Concerning the Simplex Method of LP solution, which are not true (may be more than one): a) more powerful than the graphical solution method b) is an iterative process c) moves around the internal points in the feasible region to find a solution asap d) may sometimes find a solution outside the feasible region e) can find solutions that contain far more than two decision variables 4. The Excel Solver can issue all the following reports except: a) Answer Report b) Sensitivity Report c) Breadth Report d) Limits Report 5. True or False - It is more efficient to use the SUMPRODUCTS function for Excel Solver setups? 6. True or False - It is more efficient to use relative addressing for Excel Solver setups? 7. True or False - Infeasibility is a condition that arises when no single solution satisfies all of the LP problem constraints? 8. True or False - The feasibility region contains points which satisfy all constraints but may not be the optimal solution? 9. Constraints that MUST be included in an Excel Solver setup, except: a) Product or Component mix constraints b) Redundant constraints c) Nonnegativity constraints d) Time limit constraints
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