QMB 3602 Module 10 Chapter 8 Hillier
Exam Questions With 100% Verified
Answers
A method for using the known values in a profit or cost graph to
find the equation for the graph that best fits these data. (Section
8.1), 285 -
correct answer ✅curve fitting method
An activity with a profit graph has decreasing marginal returns if
the slope (steepness) of this profit graph never increases but
sometimes decreases as the level of the activity increases. (Section
8.1), 282 -
correct answer ✅decreasing marginal returns
A spot in a graph where it is disconnected because it suddenly
jumps up or down. (Section 8.1), 283 -
correct answer ✅discontinuity
A search procedure provided in Solver that uses concepts from
genetics, evolution, and the survival of the fittest. (Section 8.5), 310
-
correct answer ✅Evolutionary Solver
A new set of candidate solutions that is created by Evolutionary
Solver by pairing off members of the existing population of
Exam Questions With 100% Verified
Answers
A method for using the known values in a profit or cost graph to
find the equation for the graph that best fits these data. (Section
8.1), 285 -
correct answer ✅curve fitting method
An activity with a profit graph has decreasing marginal returns if
the slope (steepness) of this profit graph never increases but
sometimes decreases as the level of the activity increases. (Section
8.1), 282 -
correct answer ✅decreasing marginal returns
A spot in a graph where it is disconnected because it suddenly
jumps up or down. (Section 8.1), 283 -
correct answer ✅discontinuity
A search procedure provided in Solver that uses concepts from
genetics, evolution, and the survival of the fittest. (Section 8.5), 310
-
correct answer ✅Evolutionary Solver
A new set of candidate solutions that is created by Evolutionary
Solver by pairing off members of the existing population of
