5.Which of the following is not a component of the linear programming model?

Multiple Choice

• Decision costs
• Parameters
• Decision variables
• Constraints

6.What are the decision numerical values referred to in linear programming models?

Multiple Choice

• Parameters
• Variables
• Constraints
• Objective function

7.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

8.$40x₁ + $25x₂ is the objective function to maximize profit. What is the expected profit if we produce 30 units of x₁ and 45 units of x₂?

Multiple Choice

• $185
• $2440
• $2325
• $140

9.$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

• 30
• 20
• 50
• 40