Exam 17 May, questions and answers PDF

Title Exam 17 May, questions and answers
Course Business Economics
Institution Alliance University
Pages 3
File Size 23.6 KB
File Type PDF
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Sol ut i onPr evi ew Ques t i on1 I nabal anc edt r ans por t at i onmodel wher es uppl yequal sdemand, a.al l c ons t r ai nt sar eequal i t i es b.noneoft hec ons t r ai nt sar eequal i t i es c .al lc ons t r ai nt sar ei nequal i t i es d.noneoft hec ons t r ai nt sar ei nequal i t i es Ans wer :a.al l c ons t r ai nt sar eequal i t i es Ques t i on2 I nat r ans por t at i onpr obl em,i t emsar eal l oc at edf r om s our c est odes t i nat i ons a.atamax i mum c os t b.atami ni mum c os t c .atami ni mum pr ofi t d.atami ni mum r ev enue Ans wer :b.atami ni mum c os t Ques t i on3 Theas s i gnmentmodeli sas pec i al c as eoft he________model . a.max i mumfl ow b.t r ans por t at i on c .s hor t es t r out e d.noneoft heabov e Ans wer :b.t r ans por t at i on Ques t i on4 Thel i nearpr ogr ammi ngmodel f orat r ans por t at i onpr obl em hasc ons t r ai nt sf ors uppl yat eac h______and_______ateac hdes t i nat i on. a.des t i nat i on/s our c e b.s our c e/des t i nat i on c .demand/s our c e d.s our ce/demand Ans wer :d.s our c e/demand Ques t i on5 Anas s i gnmentpr obl em i sas pec i al f or m oft r ans por t at i onpr obl em wher eal ls uppl yand demandv al uesequal a.0 b.1 c .2 d.3 Ans wer :b.1 Ques t i on6

Thet r ans s hi pmentmodel i sane x t ens i onoft het r ans por t at i onmodel i nwhi c h i nt er medi at et r ans s hi pmentpoi nt sar e______bet weent hes our c esanddes t i nat i ons . a.dec r eas ed b.del et ed c .s ubt r act ed d.added Ans wer :d.added Ques t i on7 I nv ent or yc os t si nc l ude a.c ar r y i ng b.or der i ng c .s hor t agecos t s d.al l oft heabov e Ans wer :d.al l oft heabov e Ques t i on8 I na( an)____________i nv ent or ys y s t em ac ons t antamounti sor der edwheni nv ent or y dec l i nest oapr edet er mi nedl ev el . a.opt i onal b.ec onomi c c .per i odi c d.cont i nuous Ans wer :b.ec onomi c Ques t i on9 EOQ i sa( an)_________i nv ent or ys y s t em. a.per i odi c b.c ont i nuous c .opt i mal d.economi c Ans wer :d.ec onomi c Ques t i on10 Asor ders i z ei nc r eas es ,t ot al a.i nv ent or yc os t swi l l i nc r eas e,r eac hamax i mum andt henqui c kl ydec r eas e. b.i nv ent or ycos twi l l dec r eas e,r eac hami ni mum andt heni nc r eas e. c .or der i ngc os t swi l l i ni t i al l yi nc r eas ewhi l et ot al car r y i ngc os twi l l c ont i nuet odec r eas e d.car r y i ngc os tdec r eas eswhi l et het ot al or der i ngcos ti nc r eas es Ans wer :b.i nv ent or yc os twi l l dec r eas e,r eac hami ni mum andt heni nc r eas e. Ques t i on11 I fwer ol l 1di et hepr obabi l i t yofany1oft he6pos s i bl eout c omes ' occ ur r i ngi s1/ 6.Thi s i sanex ampl eofa

a.s ubj ec t i v epr obabi l i t y b.c l as s i c al pr obabi l i t y c .condi t i onalpr obabi l i t y d.r el at i v ef r equenc ypr obabi l i t y Ans wer :b.c l as s i c alpr obabi l i t y...


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