Question 1 (1 point) Which of the following would not result in a constraint being added to the programming for Solver? Question 1 options: Management defining minimum outputs A limited inventory of raw materials needed for production A limited availability of a machine to produce a specific item Marketing changing the selling price of the items produced
QSO320 Managerial Science Class. The questions on an assignment I have are detailed below.
Need help on the questions below
Question 1 (1 point)
Which of the following would not result in a constraint being added to the programming for Solver?
Question 1 options:
Management defining minimum outputs
A limited inventory of raw materials needed for production
A limited availability of a machine to produce a specific item
Marketing changing the selling price of the items produced
Question 2 (1 point)
You receive the following message from Solver: “Target Cells Must Be in the Formula.” Is Solver ready to run?
uestion 2 options:
Yes
No
Question 3 (1 point)
Complete the sentence. The target cell (or objective cell) contains ___________________.
Question 3 options:
A formula that represents the objective, or goal, of the problem a decision variable
Information that puts constraints on the objective
A solution to the problem you are trying to solve
Question 4 (1 point)
True or False? Constraints are logical conditions that a solution to an optimization problem must satisfy.
Question 4 options:
True
False
Question 5 (1 point)
What three things do you need to specify before running Solver?
Question 5 options:
Determines the value that you need to enter in a single input cell to produce a result that you want in a dependent (formula) cell
Predicts data that is based on the previous data point and the previously predicted data point
Determines the values that you need to enter in multiple input cells to produce a result that you want
Creates a special type of table that displays the results of selected formula cells as you systematically change one or two input cells
Question 6 (1 point)
True or false: Solver may yield a solution that indicates less than a whole number of items to be produced.
Question 6 options:
True
False
Question 7 (1 point)
What reports can you select in the Reports section of the Solver Results dialog box after you’ve run Solver?
Question 7 options:
Sensitivity, Feasibility, Limits
Feasibility, Answer, Sensitivity
Answer, Sensitivity, Limits
Limits, Answer, Feasibility
Question 8 (1 point)
To determine how many items should be produced, you program Solver to produce a minimum value as a target cell objective. Solver indicates that zero items should be produced. What programming error listed below would lead to this result?
Question 8 options:
Setting the Objective box to “max”
Setting the Objective box to “max” and not checking the Assume Non-Negative box in Options
Not setting a minimum number of items to be produced in Constraints
Setting the Objective box to “max” and checking the Assume Non-Negative box in Options
Question 9 (1 point)
True or false? Solver can only adjust two variables when producing a solution.
Question 9 options:
True
False
Question 10 (1 point)
True or false? Solver solutions are based on probability.
Question 10 options:
True