Operations Management and Linear Programming
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Kindly answer the following questions
1. Operations management is sometimes also as p___________ management and/or decision s_________ systems and/or management s________.
2. Examples of important OM methods and techniques include:
a. G___d A______s
b. D_______n T______s
c. P___________y
d. S___ S______a
3. Linear Programming is a mathematical technique used to allocate limited resources among competing demands in an optimal way. For instance, it might be used to maximize profit or to minimize cost. True/False/Don't Know
4. After installing Microsoft Excel Solver, use Solver to
Maximize Z = 3X + Y, under these constraints: 12X + 14Y ≤ 85, 3X + 2Y ≤ 18, 0 ≤ Y ≤ 4, X ≥ 0, Z ≥ 0.
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Solution Summary
This solution fills in the blanks and correctly identifies the correct answer on topics of operations management, linear programming and OM methods.
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