QMB 3602 Final Exam Combined
Sets Questions With Reviewed
Correct Answers
What process converts data gathered by secondary or
primary methods into data for examination? - ANSWER ✔
: Data entry
_____ contains each variable in the study and specifies
the application of mapping rules to the response codes of
each variable. - ANSWER ✔ : A coding scheme
The process for verifying that variables have used the
designated coding scheme and that all data collected is
entered correctly is called - ANSWER ✔ : Data editing
Which of the following components of a linear
programming model sets limits on the set of potential
solutions? - ANSWER ✔ : Constraints
Which of the following components of a linear
programming model is the overall performance measure?
- ANSWER ✔ : Objective
Which of the following components of a linear
programming model represents the level of each activity? -
ANSWER ✔ : Decision variables
, Which of the following statements about feasible solutions
to a linear programming problem is TRUE? - ANSWER ✔
: The optimal solution will also be a feasible solution.
Which of the following statements about feasible solutions
to a linear programming problem is FALSE? - ANSWER
✔ : There will always be at least one feasible solution to
any linear programming problem.
In a linear programming problem, the data cells do which
of the following? - ANSWER ✔ : Provides important
information about the availability of resource.
In a linear programming problem, the changing cells do
which of the following? - ANSWER ✔ : Contains the
decisions made about levels of activity.
In a linear programming problem, the output cells do
which of the following? - ANSWER ✔ : Ensures that
usage of resources does not exceed available supply.
In a linear programming problem, the objective cell does
which of the following? - ANSWER ✔ : Measures the
performance of candidate solution.
The key identifying feature of a resource-allocation
problem is which of the following?
I Constraints with the form "Amount of resource used ≥
Amount of resource available".
, II Constraints with the form "Amount of resource used ≤
Amount of resource available".
III Constraints with the form "Level achieved ≥ Minimum
acceptable level".
IV All constraints have the form "Amount provided =
Required amount". - ANSWER ✔ : II only
The key identifying feature of a cost-benefit trade-off
problem is which of the following?
I Constraints with the form "Amount of resource used ≥
Amount of resource available".
II Constraints with the form "Amount of resource used ≤
Amount of resource available".
III Constraints with the form "Level achieved ≥ Minimum
acceptable level".
IV All constraints have the form "Amount provided =
Required amount". - ANSWER ✔ : III only
The key identifying feature of a fixed-requirements
problem is which of the following?
I Constraints with the form "Amount of resource used ≥
Amount of resource available".
II Constraints with the form "Amount of resource used ≤
Amount of resource available".
III Constraints with the form "Level achieved ≥ Minimum
acceptable level".
IV All constraints have the form "Amount provided =
Required amount". - ANSWER ✔ : IV only
Sets Questions With Reviewed
Correct Answers
What process converts data gathered by secondary or
primary methods into data for examination? - ANSWER ✔
: Data entry
_____ contains each variable in the study and specifies
the application of mapping rules to the response codes of
each variable. - ANSWER ✔ : A coding scheme
The process for verifying that variables have used the
designated coding scheme and that all data collected is
entered correctly is called - ANSWER ✔ : Data editing
Which of the following components of a linear
programming model sets limits on the set of potential
solutions? - ANSWER ✔ : Constraints
Which of the following components of a linear
programming model is the overall performance measure?
- ANSWER ✔ : Objective
Which of the following components of a linear
programming model represents the level of each activity? -
ANSWER ✔ : Decision variables
, Which of the following statements about feasible solutions
to a linear programming problem is TRUE? - ANSWER ✔
: The optimal solution will also be a feasible solution.
Which of the following statements about feasible solutions
to a linear programming problem is FALSE? - ANSWER
✔ : There will always be at least one feasible solution to
any linear programming problem.
In a linear programming problem, the data cells do which
of the following? - ANSWER ✔ : Provides important
information about the availability of resource.
In a linear programming problem, the changing cells do
which of the following? - ANSWER ✔ : Contains the
decisions made about levels of activity.
In a linear programming problem, the output cells do
which of the following? - ANSWER ✔ : Ensures that
usage of resources does not exceed available supply.
In a linear programming problem, the objective cell does
which of the following? - ANSWER ✔ : Measures the
performance of candidate solution.
The key identifying feature of a resource-allocation
problem is which of the following?
I Constraints with the form "Amount of resource used ≥
Amount of resource available".
, II Constraints with the form "Amount of resource used ≤
Amount of resource available".
III Constraints with the form "Level achieved ≥ Minimum
acceptable level".
IV All constraints have the form "Amount provided =
Required amount". - ANSWER ✔ : II only
The key identifying feature of a cost-benefit trade-off
problem is which of the following?
I Constraints with the form "Amount of resource used ≥
Amount of resource available".
II Constraints with the form "Amount of resource used ≤
Amount of resource available".
III Constraints with the form "Level achieved ≥ Minimum
acceptable level".
IV All constraints have the form "Amount provided =
Required amount". - ANSWER ✔ : III only
The key identifying feature of a fixed-requirements
problem is which of the following?
I Constraints with the form "Amount of resource used ≥
Amount of resource available".
II Constraints with the form "Amount of resource used ≤
Amount of resource available".
III Constraints with the form "Level achieved ≥ Minimum
acceptable level".
IV All constraints have the form "Amount provided =
Required amount". - ANSWER ✔ : IV only
