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MCQs for linear programming

25. The minimization of cost or maximization of profit is the
a. objective of a business
b. constraint of operations management
c. goal of management science
d. objective of linear programming
e. both a and d

26. Cully furniture buys 2 products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space. The company has $75000 to invest in shelves this week, and the warehouse has 18000 cubic feet available for storage. Profit for each big shelf is $300 and for each medium shelf is $150. What is the storage space constraint?

a. 90B + 100M 18000
b. 90B + 100M 18000
c. 100B + 90M 18000
d. 500B + 300M 18000
e. 300B + 500M 18000

Solution Preview

25. The minimization of cost or maximization of profit is the
a. objective of a business
b. constraint of operations management
c. goal of management science
d. objective of linear programming
e. both a and d

Answer ...

Solution Summary

This posting contains two MCQs of linear programming. One is regarding general fundamentals of LP and another one is that of writing a constraint for given set of conditions.

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