Linear Programming Examples Notes Questions with Answers PDF Download – Test 23

MCQ 111: The objective of linear programming for an objective function is to:

1. maximize or minimize
2. subset or proper set modeling
3. row or column modeling
4. adjacent modeling

MCQ 112: The purchase cost is 30,000 and the depreciation is 5,000 then the depreciation function is:

1. V = ƒ(t) = 30000 - 5000t
2. V = ƒ(t) = 5000t + 30000
3. V = ƒ(t) = 30000t - 5000t
4. V = ƒ(t) = 30000t + 5000t

MCQ 113: The interest rate per year is 16 and the compounding occurs every quarter then interest rate per compounding period is:

1. 0.4
2. 0.04
3. 40
4. 0.004

MCQ 114: The total revenue is $40,000 USD, the variable cost is $10,000 USD and the fixed cost is $40,000 USD then the profit or loss is:

1. −$10000
2. $10,000
3. $90,000
4. $70,000

MCQ 115: The specific combination of decision variables to specify non-negativity and structural constraints is classified as:

1. optimal solution candidates
2. minimal solution candidate
3. maximum solution candidate
4. ordinate solution candidate