Question 12 of 30

12. Linear Programming is a technique that helps in resource allocation decisions

• True
• False

Question 13 of 30

13. Which of the following are technical requirements of Linear Programming?

• certainty
• proportionality
• additivity
• divisibility
• non-negativity
• neutrality
• none of these

Question 14 of 30

14. Product Mix Problems

• use LP to decide how much of each product to make, given a series of resource restrictions
• is used when the amounts of required ingredients are unknown
• are widely used as a project management tools
• none of these

Question 15 of 30

15. Which of the following steps are included in the Modelling Process:

• define the problem
• develop a model
• acquire data
• develop solution
• test the solution
• analyze the results
• develop the recommendations
• verify the actual real-world results.
• none of these

Question 16 of 30

16. Lack of feasible solution occurs:

• when constraints conflict with each other
• when constraints do not conflict with each other
• when there are no firm constraints
• none of these

Question 17 of 30

17. Which of the following is correct in regard to the concept of an Unbounded problem:

• it occurs when the profit in a maximization problem is shown to be infinitely large
• these kind of problems do not exist
• it is missing one or more constraints
• none of these