What is the objective in the truck loading problem

Assignment Help Operation Management
Reference no: EM13905621

1. Which of the following is considered a decision variable in the production mix problem of maximizing profit?

A) the amount of raw material to purchase for production

B) the number of product types to offer

C) the selling price of each product

D) the amount of each product to produce

E) None of the above

2. What is another name for blending problems?

A) diet problems

B) ingredient problems

C) feed mix problems

D) production mix problems

E) media selection problems

3. When formulating transportation LP problems, the objective function usually deals with the

A) number of items to be transported.

B) choice of transportation mode (e.g., truck, airplane, railroad, etc.).

C) shipping cost or distances associated with transporting goods.

D) number of origins and destinations.

E) capacities of origins and requirements of destinations.

4. What is the objective in the truck loading problem?

A) minimize trucking distance

B) minimize the weight of the load shipped

C) maximize the value of the load shipped

D) minimize the cost of the load shipped

E) None of the above

5. Using linear programming to maximize audience exposure in an advertising campaign is an example of the type of linear programming application known as

A) media selection.

B) marketing research.

C) portfolio assessment.

D) media budgeting.

E) All of the above

Reference no: EM13905621

Questions Cloud

What tax rate would dennis be indifferent between the bonds : Which bond should he choose if his tax rate is 30 percent? At what tax rate would he be indifferent between the bonds? What strategy is this decision based upon?
What is the mass flow rate of steam from the boiler : A boiler takes fuel oil of specific gravity 0.81 and calorific value of 27912KJ/KG form a tank 6.0M in diameter. At the time of the maximum firing, the level of fuel oil in the tank is lowered 51mm in one hour, and the absolute boiler pressure is ..
Methods of policing in a diverse community : Methods of Policing in a Diverse Community - Read the article "Policing A Diverse Community" by Mark A. Prosser found in the Police Chief magazine
Why is the time value of money important for an individual : Why is the time value of money important for an individual to understand in regard to their private life?
What is the objective in the truck loading problem : Which of the following is considered a decision variable in the production mix problem of maximizing profit? What is another name for blending problems? When formulating transportation LP problems, the objective function usually deals with the. What ..
Find the maximum mechanical work that can be extracted : Find the maximum mechanical work that can be extracted from this system. Obtain the equilibrium temperature reached after all the work in (a) was extracted.
Privacy and security issues associated with e-commerce : Privacy and security issues associated with e-commerce have implications for financial reporting and compliance with laws and regulations. Identify a retail company and describe how the company uses electronic commerce. Further, explain why electroni..
When formulating transportation LP problems : When formulating transportation LP problems, constraints usually deal with the
What is the tax savings from the special tax treatment : If Daniel's marginal tax rate is 35 percent and he has $120,000 of other capital gains (taxed at 15 percent), what is the tax savings from the special tax treatment?

Reviews

Write a Review

Operation Management Questions & Answers

  What will be the average inventory with safety stock

Consider the following inventory problem: The Average Monthly Demand is 400. The Standard Deviation of Monthly Demand is 45. If ordering the Economic Order Quantity (EOQ), what will be the average inventory with safety stock?

  Contribution margin per unit for each product

Using the traditional method, which refers to maximizing the contribution margin per unit for each product, what is the optimal product mix and resulting profit

  Make participative management work

Describe participative management, and give at least four factors that help make participative management work.

  Identifying a suitable new plant location for a company

This project is designed to provide an opportunity to apply what you have learned throughout the semester. It involves the completion of a two-part research project focusing on identifying a suitable new plant location for a company

  A if the goal is to maximize gains how many bags of each

a small candy shop is preparing for the holiday season. the owner must decide how many bags of deluxe and how many bags

  Find mean and standard deviations for average weight

Calculate the Range Column in Excel (Largest-Smallest) and find mean and standard deviations for Average Weight, Smallest, Largest, and Range columns.

  Goods and service design concepts

Determine the types of inventories these companies currently manage and describe their essential inventory characteristics and analyze how each of their goods and service design concepts are integrated.

  What are the business dimensions for your analysis

You are the vice president of marketing for a nation-wide appliance manufacturer with three production plants. Describe any three different ways you will tend to analyze your sales. What are the business dimensions for your analysis?

  Events impact job satisfaction and job performance

Describe the affective events theory and explain how work events impact job satisfaction and job performance.

  Agencies in ensuring product safety and quality

How have the CPSC and the FDA affected you as a consumer? Give at least three specific examples. In your opinion, how effective are these agencies in ensuring product safety and quality?

  What is the difference between risk and uncertainty

What is the difference between risk and uncertainty?

  Describe key areas of the selected company''s code of conduct

Describe key areas of the selected company's code of conduct that are of significant importance to the business, and explain why.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd