Reference no: EM132227152
1. The_____indicates how much the value of the objective function will change as the right-hand side of a constraint is increased by 1.
A. binding constraint
B. shadow price
C. objective coefficient
D. reduced cost
2. When a model has a unique optimal solution, it means that___.
A. there is exactly one solution that will result in the maximum or minimum objective.
B. there is no solution that simultaneously satisfies all the constraints.
C. the Allowable Increase or Allowable Decrease values for changing cells are zero.
D. the objective is maximized or minimized by more than one combination of decision variables.
3. In the months that followed the initial dialogue between Cheryl Batchelder and David Novak of Yum! Brands and Bruce Friedrich of PETA in 2001, KFC
A. began unannounced audits of chicken growers and slaughterhouses.
B. All of these.
C. worked with industry associations to develop new poultry welfare guidelines.
D. convened an Animal Welfare Advisory council composed of outside academics and industry experts.
4. A product is made of four components, each with a reliability of 99%. The overall reliability of the product is:
A. approximately 0.990 or 99.0%
B. approximately 0.961 or 96.1%
C. approximately 1.000 or 100.0%
D. approximately 0.997 or 99.7%
5. A product is made of four components, each with a reliability of 99% and each having a backup component with a reliability of 90%. The overall reliability of the product is:
A. approximately 0.999 or 99.9%
B. approximately 0.996 or 99.6%
C. approximately 0.990 or 99.0%
D. approximately 0.900 or 90.0%
6. A component is 95% reliable and has two backups in parallel, each with a reliability of 90%. The overall reliability of the product is:
A. approximately 0.950 or 95.0%
B. approximately 0.7695 or 76.95%
C. approximately 0.990 or 99.0%
D. approximately 0.9995 or 99.95%