1. Which of the following is a valid objective function for a linear programming problem? a. Max 5xy b. Min 4x + 3y + (2/3)z c. Max 5x2 + 6y2 d. Min (x1 + x2)/x3 2. Which of the following statements is NOT true? a. A feasible solution satisfies all constraints. b. An optimal solution satisfies all constraints. c. An infeasible solution violates all constraints. d. A feasible solution point does not have to lie on the boundary of the feasible region. 3. Innis Investments manages funds for a number of companies and wealthy clients. For a new client, Innis has been authorized to invest up to $1.2 million in two investment funds: a stock fund and a money market fund. According to Innis’s risk measurement system, each unit invested in the stock fund has a risk index of 8, and each unit invested in the money market fund has a risk index of 3. Which is the objective function for this problem? a. Max 8S + 3M b. Max 8S + 3M - 1.2X c. Min 8S + 3M d. Min 8S + 3M - 1.2X
1. Which of the following is a valid objective function for a linear programming problem?
a. Max 5xy
b. Min 4x + 3y + (2/3)z
c. Max 5x2 + 6y2
d. Min (x1 + x2)/x3
2. Which of the following statements is NOT true?
a. A feasible solution satisfies all constraints.
b. An optimal solution satisfies all constraints.
c. An infeasible solution violates all constraints.
d. A feasible solution point does not have to lie on the boundary of the feasible region.
3. Innis Investments manages funds for a number of companies and wealthy clients. For a new client, Innis has been authorized to invest up to $1.2 million in two investment funds: a stock fund and a money market fund. According to Innis’s risk measurement system, each unit invested in the stock fund has a risk index of 8, and each unit invested in the money market fund has a risk index of 3. Which is the objective function for this problem?
a. Max 8S + 3M
b. Max 8S + 3M - 1.2X
c. Min 8S + 3M
d. Min 8S + 3M - 1.2X
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