Business Mathematics Practice Test 73
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The Quiz: In the optimal solution, the constraint which is not satisfies as an equality shows the; "Optimal Solutions" App Download (Free) with answers: Shadow prices = 1; Shadow prices = 0; Shadow prices = 2; Shadow prices = 3; for best online colleges for business administration. Learn Simplex and Computer Solution Method Questions and Answers, Apple eBook to download free sample to study online MBA business courses.
Optimal Solutions Questions and Answers PDF Download: MCQ 73
In the optimal solution, the constraint which is not satisfies as an equality shows the
- shadow prices = 0
- shadow prices = 1
- shadow prices = 2
- shadow prices = 3
In the greater than or equal to constraint equations, the variable which is used to balance both side of equations is considered as
- slack variable
- surplus variable
- unbalance variable
- balanced variable
The profit earned by selling every extra unit of product is called
- marginal profit
- extra profit
- unit profit
- earned profit
The polynomial function general form with degree n, independent variable x and dependent variable is
- f = (x)(y)
- y = ƒ(x)
- x = ƒ(y)
- f = x(y)
In the function y = ƒ(x), the x is classified as
- upper limit variable
- independent variable
- dependent variable
- lower limit variable
Business Mathematics Exam Prep Tests
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Business Statistics Practice Questions
- If rate of occurrences in Poisson probability distribution is smaller and occurrences have large numbers then distribution tends to be
- Selling price of product is subtracted from purchasing price of product to calculate
- In an hospital in Boston (USA), number of heart patients who visited cardiologist in 17 days are 11, 12, 15, 18, 17, 12, 14, 15, 16, 17, 18, 13, 19, 14, 18, 13, 20
- Use of statistics in analysis of time when to order and quantity required for in sourcing or outsourcing of materials is an example of usage of
- When statistical inference is made on basis of sample results about characteristics of population then this is classified as
Optimal Solutions Practice Tests
- Process of assigning input value to corresponding output values is referred as
- In linear programming, lack of points for a solution set is said to
- 'concave up' parabola point where it bottoms out is considered as
- Types of constraints to maximize or minimize linear objective function does not include
- In linear equation ax+by = c, a and b cannot be equal
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