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Exam (elaborations)

Operations Management Managing Global Supply Chains, Venkataraman - Complete test bank - exam questions - quizzes (updated 2022)

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Description: - Test bank with practice exam questions and their answers - Compatible with different editions (newer and older) - Various difficulty levels from easy to extremely hard - The complete book is covered (All chapters) - Questions you can expect to see: Multiple choice questions, Problem solving, essays, Fill in the blanks, and True/False. - This test bank is a great tool to get ready for your next test *** If you have any questions or special request feel free to send a private message

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Uploaded on
April 19, 2022
Number of pages
998
Written in
2021/2022
Type
Exam (elaborations)
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Module A: Linear Programming
Test Bank

Multiple Choice

1. The limited availability of resources can be referred to as ______.
a. constraints
b. variables
c. consequences
d. state of nature
Ans: A
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Introduction
Difficulty Level: Easy
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

2. Which of the following is a mathematical modeling technique that managers
can use in making decisions that involve optimizing an objective, subject to
constraints?
a. optimization
b. estimation
c. linear programming
d. transportation model
Ans: C
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Introduction
Difficulty Level: Medium
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

3. In linear programming, advertising dollars budgeted for a marketing campaign
is an example of ______.
a. a variable
b. a resource
c. a constraint
d. an objective
Ans: C
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Introduction

,Difficulty Level: Medium
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

4. In linear programming, maximizing profits or minimizing costs is an example of
______.
a. a variable
b. a resource
c. a constraint
d. an objective
Ans: D
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Introduction
Difficulty Level: Medium
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

5. Determining the shipment of goods from multiple sources to multiple
destinations to minimize transportation costs is an example of applying linear
programming to solving ______ problems.
a. financial planning
b. production planning
c. assignment
d. transportation
Ans: D
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Table A.1: Linear Programming Applications
Difficulty Level: Medium
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

6. Determining the supply of resources needed to meet demand for the
intermediate time frame at the minimum cost is an example of applying linear
programming to solving ______ problems.
a. financial planning
b. production planning
c. assignment
d. transportation
Ans: B
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.

,Answer Location: Table A.1: Linear Programming Applications
Difficulty Level: Easy
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

7. All linear programming problems must have ______ distinct features.
a. three
b. four
c. five
d. six
Ans: B
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Features of a Linear Programming (LP) Problem
Difficulty Level: Medium
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

8. Which of the following is NOT one of the features of a linear programming
problem?
a. decision variables
b. consequences
c. constraints
d. linearity
Ans: B
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Features of a Linear Programming (LP) Problem
Difficulty Level: Medium
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

9. Which of the following is FALSE about objective functions in linear
programming (LP)?
a. Every LP problem will have an objective function.
b. An objective function can be either maximized or minimized.
c. The objective of an LP problem expressed mathematically is referred to as an
objective function.
d. The objective for an LP problem should be expressed explicitly in monetary
units.
Ans: D
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.

, Answer Location: Features of a Linear Programming (LP) Problem
Difficulty Level: Hard
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

10. ______ in linear programming are an alternative course of action—for
example, determining the number of shipping routes for transporting goods from
the available alternative choices.
a. Decision variables
b. Consequences
c. Constraints
d. Linearity
Ans: A
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Features of a Linear Programming (LP) Problem
Difficulty Level: Medium
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

11. The resource constraints are modeled in LP mathematically as ______.
a. inequalities
b. equalities or inequalities
c. linearity
d. variables
Ans: B
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Features of a Linear Programming (LP) Problem
Difficulty Level: Medium
AACSB: Systems and processes in organizations, including planning and design,
production/operations, supply chains, marketing, and distribution

12. The requirement of linear programming is that the objective function and the
constraints have ______ relationship.
a. independent
b. linear
c. exponential
d. nonlinear
Ans: B
Cognitive Domain: Knowledge (Remember)
Learning Objective: A-1. Identify the critical features of linear programming (LP)
and explain why it is critical for business operations success.
Answer Location: Features of a Linear Programming (LP) Problem

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