Essay 5-Introduction to Management Science

May 5th, 2015
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Linear programming is a model consisting of linear relationships representing a firm's decisions given an objective and resource constraints. The objective function is a linear relationship reflecting the objective of an operation. constraint is a linear relationship representing a restriction on decision making.

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Essay 5Introduction to Management Science, 10e (Taylor)Chapter 2 Linear Programming: Model Formulation and Graphical Solution1) Linear programming is a model consisting of linear relationships representing a firm's decisions given an objective and resource constraints. Answer: TRUEDiff: 2Page Ref: 30Main Heading: Model FormulationKey words: model formulation2) The objective function is a linear relationship reflecting the objective of an operation. Answer: TRUEDiff: 1Page Ref: 30Main Heading: Model FormulationKey words: model formulation3) A constraint is a linear relationship representing a restriction on decision making. Answer: TRUEDiff: 1Page Ref: 30Main Heading: Model FormulationKey words: model formulation4) A linear programming model consists of only decision variables and constraints. Answer: FALSEDiff: 1Page Ref: 55Main Heading: Model FormulationKey words: model formulation5) A feasible solution violates at least one of the constraints. Answer: FALSEDiff: 2Page Ref: 54Main Heading: Model FormulationKey words: model formulation6) Proportionality means the slope of a constraint is proportional to the slope of the objective function. Answer: FALSEDiff: 2Page Ref: 56Main Heading: Properties of Linear Programming ModelsKey words: properties of linear programming models, proportionality7) The terms in the objective function or constraints are additive. Answer: TRUEDiff: 2Page Ref: 56Main Heading: Properties of Linear Programming Mode

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