Question
5. $50x 1 + $25x 2 is the objective function to maximize profit. What is the value of x 2 if we produce 20 units
5. $50x1 + $25x2 is the objective function to maximize profit. What is the value of x2 if we produce 20 units of x1 and our profit is $2000?
Multiple Choice
- 20
- 40
- 30
- 50
6.Each unit 1 requires 5 hours of inspection time and each unit 2 requires 8 hours of inspection time. With 45 hours of inspection time available what is the formula for the inspection constraint?
Multiple Choice
5x1 8x2 45
5x1 8x2 45
5x1 8x2 45
5x1 + 8x2 45
8.In linear programming decision variables refer to choices of amounts of either inputs or outputs.
Multiple Choice
- True
- False
9.What is the formula for the objective function based on the following: Profit per unit for type 1 is $70 and profit per unit for type 2 is $55. We want to maximize profit.
Multiple Choice
70x1 55x2
70x1 55x2
70x1 - 55x2
70x1 + 55x2
11.
An aggregate plan shows inventory at the end of March = 0 units. Forecast demand for April = 200 units Production output expected during April = 350 units. Number of back orders at the end of March = 50 units.
What is the expected inventory at the end of April?
Multiple Choice
- 0 units
- 150 units
- 100 units
- 200 units
13.Information needed to develop a master production schedule includes beginning inventory, demand forecasts, and actual customer orders.
Multiple Choice
- True
- False
14.An important difference in aggregate planning for services when compared to manufactured products is:
Multiple Choice
- Demand is more predictable for services
- It is much easier to hire and lay off workers for services
- Capacity is not limited by staffing level for services
- Services can't be inventoried
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