Findthevaluesofthedecisionvariablesthatuseallavailableresources. Findthevaluesofthedecisionvariablesthatsatisfyallconstraints. Noneofthese. a ANSWER: Asetofvaluesforthedecisionvariablesthatsatisfyalltheconstraintsandyieldsthebestobjectivefunctionvalueis afeasiblesolution. anoptimalsolution. acornerpointsolution. both(a)and(c). b ANSWER: Acommonobjectiveintheproductmixproblemis maximizingcost. maximizingprofit. minimizingproductiontime. maximizingproductionvolume. b ANSWER: Acommonobjectivewhenmanufacturingprintedcircuitboardsis maximizingthenumberofholesdrilled. maximizingthenumberofdrillbitchanges. minimizingthenumberofholesdrilled. minimizingthetotaldistancethedrillbitmustbemoved. d ANSWER: Limitedresourcesaremodeledinoptimizationproblemsas anobjectivefunction. constraints. decisionvariables. alternatives. b ANSWER: Retailcompaniestrytofind theleastcostlymethodoftransferringgoodsfromwarehousestostores. themostcostlymethodoftransferringgoodsfromwarehousestostores. thelargestnumberofgoodstotransferfromwarehousestostores. theleastprofitablemethodoftransferringgoodsfromwarehousestostores. a ANSWER: Mostindividualsmanagetheirindividualretirementaccounts(IRAs)sothey
Findthevaluesofthedecisionvariablesthatuseallavailableresources. Findthevaluesofthedecisionvariablesthatsatisfyallconstraints. Noneofthese. ANSWER: a Asetofvaluesforthedecisionvariablesthatsatisfyalltheconstraintsandyieldsthebestobjectivefunctionvalueis afeasiblesolution. anoptimalsolution. acornerpointsolution. both(a)and(c). ANSWER: b Acommonobjectiveintheproductmixproblemis maximizingcost. maximizingprofit. minimizingproductiontime. maximizingproductionvolume. ANSWER: b Acommonobjectivewhenmanufacturingprintedcircuitboardsis maximizingthenumberofholesdrilled. maximizingthenumberofdrillbitchanges. minimizingthenumberofholesdrilled. minimizingthetotaldistancethedrillbitmustbemoved. ANSWER: d Limitedresourcesaremodeledinoptimizationproblemsas anobjectivefunction. constraints. decisionvariables. alternatives. ANSWER: b Retailcompaniestrytofind theleastcostlymethodoftransferringgoodsfromwarehousestostores. themostcostlymethodoftransferringgoodsfromwarehousestostores. thelargestnumberofgoodstotransferfromwarehousestostores. theleastprofitablemethodoftransferringgoodsfromwarehousestostores. ANSWER: a Mostindividualsmanagetheirindividualretirementaccounts(IRAs)sothey