2026 EXAM Q&A STUDY GUIDE UPDATED
◉ True. Answer: Requirements involve the specifications of minimum
levels of performance (T/F).
◉ False. Answer: To find the guaranteed optimal integer solution,
Integer Tolerance must be set to 1 (T/F).
◉ 125,000. Answer: Use the following information to answer the
question(s) below.
Cerebro Manufacturing produces four types of structural support
fittings-plugs, rails, rivets, and clips-which are machined on two CNC
machining centers. The machining centers have a capacity of 250,000
minutes per year. The gross margin per unit and machining requirements
are shown in the spreadsheet below.
Using the spreadsheet data above, what is the maximum possible
production of rails based on the machine capacity?
◉ requirements. Answer: Problem statements such as production must
be sufficient to meet promised customer orders would be categorized as
a ________ constraint.
, ◉ Unit Variable Cost * Quantity Produced. Answer: Variable Cost =
◉ Fixed Cost + Variable Cost * Quantity Produced. Answer: Total Cost
=
◉ Demand. Answer: _____ has an influence on profit by predicting how
many units of a product will be sold. Quantity produced is a decision
option typically based on this.
◉ = Revenue - Variable Cost - Fixed Cost. Answer: The spreadsheet
model for Profit is =
◉ One way data tables. Answer: Multiple outputs may be evaluated
using _____. For example, profit and revenue.
◉ Two way data tables. Answer: _____ can evaluate only one output
variable. To evaluate multiple output variables, you must construct a
multiple of these.
◉ Predictive. Answer: _____ models focus on understanding the future.
◉ Practical business. Answer: _____ models focus on predicting
financial performance, customer retention, and product sales.