8

1. An electronics firm produces two models of pocket calculators: the A-100 (A) and the B-200 (B). Each model uses one circuit board, of which there are only 2,500 available for this week's production. In addition, the company has allocated a maximum of 800 hours of assembly time this week for producing these calculators. Each A-100 requires 15 minutes to produce while each B-200 requires 30 minutes to produce. The firm forecasts that it could sell a maximum of 4,000 of the A-100s this week and a maximum of 1,000 B-200s. Profits for the A-100 are $1.00 each and profits for the B-200 are $4.00 each. What is the objective function?

   P = 4A + 1B

   P = 0.25A +1B

   P = 1A + 4B

   P = 1A + 1B

   P = 0.25A + 0.5B

0.5 points

QUESTION 9

1. A linear programming problem where the objective is to find the best way to distribute commodities from sources to destinations so that to minimize the total distribution costs is called:

   A resource-allocation problem

   A neural network problem

   A cost-benefit tradeoff problem

   A transportation problem

   None of the above

0.5 points

QUESTION 10

1. In linear programming, solutions that satisfy all of the constraints simultaneously are referred to as:

   Optimal

   Feasible

   Non negative

   Targeted

   All of the above