Chapter 7Network Optimization ProblemsReview Questions7.1-1A supply node is a node where the net amount of flow generated is a fixed positive number. A demand node is a node where the net amount o

Chapter 5what-if analysis for linear programmingReview Questions5.1-1The parameters of a linear programming model are the constants (coefficients or right-hand sides) in the functional constraints

Chapter 13forecastingReview Questions13.1-1Substantially underestimating demand is likely to lead to many lost sales unhappy customers and perhaps allowing thepetition to gain the upper hand in

Chapter 2linear programming: Basic conceptsReview Questions2.1-1Ponderosa Industrial uses linear programming monthly to guide the product-mix decision.2.1-2Overall profitability has increased by 20

Chapter 10Nonlinear programmingReview Questions10.1-1In both cases decisions need to be made regarding the levels of a number of activities where these activity levels can have any value that satis

Chapter 3the art of modeling with spreadsheetsReview Questions3.1-1The long-term loan has a lower interest rate.3.1-2The short-term loan is more flexible. They can borrow the money only in the year

Chapter 4linear programming: formulation and applicationsReview Questions4.1-1Determine which levels should be chosen of different advertising media to obtain the most effective advertising mix for

Chapter 11Goal programmingReview Questions11.1-1The management science team has been asked to analyze what the new product mix should be for the three new products.11.1-21. Achieve a total profit

Chapter 12Decision analysisReview Questions12.1-1The decision alternatives are to drill for oil or to sell the land.12.1-2The consulting geologist believes that there is 1 chance in 4 of oil on the

Chapter 14queueing modelsReview Questions14.1-1Customers might be vehicles machines or other items.14.1-2It might be a crew of people working together a machine a vehicle or an electronic device.14

Chapter 9Integer programmingReview Questions9.1-1In some applications such as assigning people machines or vehicles decision variables will make sense only if they have integer values.9.1-2Integer

Chapter 8Pertcpm models for Project ManagementReview Questions8.1-1The bid is for 5.4 million with a penalty of 300000 if the deadline of 47 weeks is not met. In addition a bonus of 150000 will

Chapter 6Transportation and Assignment ProblemsReview Questions6.1-1The CEO is concerned about escalating costs in particular the shipping costs for peas.6.1-2Kim Baker is being asked to look at th