(LU) ENGI 310 Operations & Research Logistic - Midterm Exam Review .

ENGI 310




Operations & Research Logistic




MIDTERM EXAM REVIEW




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,1. Which of the following algorithms is commonly used for
solving Large Scale Linear Programming problems?
A) Simplex Method
B) Dual Simplex Method
C) Interior Point Method
D) Branch and Bound
Correct Answer: C) Interior Point Method
Rationale: The Interior Point Method is particularly effective
for large scale linear programming problems compared to the
Simplex Method.


2. In the context of inventory management, which of the following
models is best suited for controlling inventory of perishable goods?
A) Economic Order Quantity (EOQ)
B) Just-In-Time (JIT) Inventory
C) (s, S) Inventory Policy
D) Fixed-Order Quantity Model
Correct Answer: B) Just-In-Time (JIT) Inventory



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, Rationale: JIT inventory systems minimize waste and are ideal
for perishable goods, allowing for fresh stock to be received as
needed.


3. What term refers to the variability in demand that can make
supply chain management challenging?
A) Supply Chain Uncertainty
B) Market Fluctuation
C) Forecast Error
D) Demand Variability
Correct Answer: D) Demand Variability
Rationale: Demand variability creates challenges in ensuring
that the supply chain can respond effectively to changes in
customer demand.


4. Which of the following methods is used to optimize warehouse
layout?
A) Linear Programming
B) Simulation
C) Transportation Model
D) Network Flow Analysis
Correct Answer: A) Linear Programming

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