Optimal Solutions Multiple Choice Questions with Answers – PDF Download

MCQ 1: In the optimal solution, the solution which does not have slack variables and surplus variable is classified as:

1. positive shadow prices
2. negative shadow price
3. negative base price
4. positive base price

MCQ 2: In the optimal solution, the solution which have slack variables and surplus variable is classified as:

1. shadow prices = 2
2. shadow prices = 3
3. shadow prices = 0
4. shadow prices = 1

MCQ 3: In the optimal solution, the constraint which is not satisfies as an equality shows the:

1. shadow prices = 0
2. shadow prices = 1
3. shadow prices = 2
4. shadow prices = 3

MCQ 4: The optimal value which is responsible for change in right side of constraint by one unit is classified as:

1. base price
2. shadow price
3. realistic price
4. optimal price

MCQ 5: In the optimal solution, the constraint which is satisfied as an equality shows the:

1. negative base price
2. positive base price
3. positive shadow prices
4. negative shadow price