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COB 291 FINAL EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS Father of Management Science - Answer -George Dantzing What did George Dantzing create? - Answer -Simplex Method of Linear Programming in 1947 Decision Analysis - Answer -Identifying and evaluating the different possible courses of action that might be chosen to address a decision problem. Computer Model - Answer -A set of mathematical relationships an logical assumptions implemented in a computer as a representatio...

COB 291 FINAL EXAM REVIEW ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS A linear program (LP) can be both unbounded and have alternate optimal solutions. True False - Answer -False In order to get alternate (more than one) optimal solutions, at least one of the constraint lines needs to be a parallel to the objective function. True False - Answer -True Sometimes redundant constraints may define the feasible region. True False - Answer -False

COB 291 FINAL EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS Father of Management Science - Answer -George Dantzing What did George Dantzing create? - Answer -Simplex Method of Linear Programming in 1947 Decision Analysis - Answer -Identifying and evaluating the different possible courses of action that might be chosen to address a decision problem. Computer Model - Answer -A set of mathematical relationships an logical assumptions implemented in a computer as a representatio...

COB 291 FINAL EXAM REVIEW ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS A linear program (LP) can be both unbounded and have alternate optimal solutions. True False - Answer -False In order to get alternate (more than one) optimal solutions, at least one of the constraint lines needs to be a parallel to the objective function. True False - Answer -True Sometimes redundant constraints may define the feasible region. True False - Answer -FalseNeed assistance on Online classes, E...

COB 291 Final Exam Review questions well answered graded A+

COB 291 Test 2 EXAM QUESTIONS AND ANSWERS WITH RATIONALES|ALREDY GRADED A+ What one constraint does every LP problem have? - ANSWER- Non-negativity If an LP problem has decision variables that represent proportions or percentages, what constraint(s) must be included? - ANSWER- • Non-negativity • Sum of Decision Variables = 1 What are key characteristics of Mixing/Blending Problems? - ANSWER- • When writing objective function/constraints, percentages ...

COB 291 Exam 1 Questions & Answers 2024/2025

COB 291 Final UPDATED Exam Questions and CORRECT Answers Father of Management Science - CORRECT ANSWER- George Dantzing What did George Dantzing create? - CORRECT ANSWER- Simplex Method of Linear Programming in 1947 Decision Analysis - CORRECT ANSWER- Identifying and evaluating the different possible courses of action that might be chosen to address a decision problem

COB 291 Test 2 EXAM LATEST REAL EXAM QUESTIONS AND CORRECT ANSWERS WITH RATIONALES|ALREDY GRADED A+ If the optimal value of a variable is basic (not zero), then the reduced cost is always: - ANSWER- zero If the optimal value of a variable is zero and the reduced cost corresponding to the variable is also zero, then: - ANSWER- ...there is at least one other corner that is also in the optimal solution. Reduced cost value is only non-zero when the optimal value of a variable is: - ANSW...

COB 291 Test 2 EXAM LATEST REAL EXAM QUESTIONS AND CORRECT ANSWERS WITH RATIONALES|ALREDY GRADED A+ If the optimal value of a variable is basic (not zero), then the reduced cost is always: - ANSWER- zero If the optimal value of a variable is zero and the reduced cost corresponding to the variable is also zero, then: - ANSWER- ...there is at least one other corner that is also in the optimal solution. Reduced cost value is only non-zero when the optimal value of a variable is: - ANSW...