QUESTION 11

Which of the following assumptions is not an assumption of the transportation model?

1.

Shipping costs per unit are constant.

2.

There is one transportation route between each source and destination.

3.

There is one transportation mode between each source and destination.

4.

Actual total supply and actual total demand must be equal.

QUESTION 12

The problem that deals with the distribution of goods from several sources to several Destinations is the

1.

Network problem

2.

Assignment problem

3.

Transportation problem

4.

Transshipment problem

QUESTION 13

In the linear programming formulation of a transportation network

1.

There is one variable for each arc

2.

There is one constraint for each node

3.

The sum of variables corresponding to arcs out of an origin node is constrained by the Supply at that node

4.

all of the above

QUESTION 14

Which of the following are assumptions or requirements of the transportation problem?

1.

Goods are the same, regardless of source

2.

There must be multiple sources

3.

Shipping costs per unit do not vary with the quantity shipped

4.

all of the above

QUESTION 15

Project control involves

1.

Time management

2.

Cost management

3.

Performance management

4.

Earned value analysis

5.

all of the above

QUESTION 16

In a __________ network the critical path is the longest path through the network.

1.

CPM

2.

PERT

3.

A and B

4.

None of the above

QUESTION 18

Managers use __________ in forecasting.

1.

Judgment

2.

Opinion

3.

Past experience

4.

all of the above

QUESTION 19

A traditional forecasting method is

1.

Time series analysis

2.

Regression

3.

all of the above

4.

None of the above

QUESTION 20

The applicability of forecasting methods depends on

1.

The time frame of the forecast

2.

The existence of patterns in the forecast

3.

The number of variables to which the forecast is related

4.

all of the above