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SAINT MBA550 FINAL EXAM
Category : Mathematics
Posted on 10/21/2014 at 9:59:32 PM
 
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Posted on 10/21/2014 at 9:59:32 PM
 
Posted By : Bestmind
   
 
A:
Question 1. 1. The production manager for the Coory soft drink company is considering the production of two kinds of soft drinks: regular (R) and diet (D). Two of her limited resources are production time (8 hours = 480 minutes per day) and syrup (1 of the ingredients), limited to 675 gallons per day. To produce a regular case requires 2 minutes and 5 gallons of syrup, while a diet case needs 4 minutes and 3 gallons of syrup. Profits for regular soft drink are $3.00 per case and profits for diet soft drink are $2.00 per case. What is the objective function? (Points : 5) MAX $2R + $4D MAX $3R + $2D MAX $3D + $2R MAX $4D + $2R Question 2. 2. Project management differs from management of more traditional day-to-day activities because: (Points : 5) it has limited time frame. it has an unlimited budget. it is more expensive. it involves more of the workforce. Question 3. 3. The maximum number of constraints that could define the feasible solution space is _____: (Points : 5) 2 3 4 Unlimited Question 4. 4. A plant manager is attempting to determine the production schedule of various products to maximize profit. Assume that a machine hour constraint is binding. If the original amount of machine hours available is 200 minutes., and the range of feasibility is from 130 minutes to 300 minutes, providing two additional machine hours will result in: (Points : 5) the same product mix, differ

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