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A linear function may contain which of the following?


A) A term that contains a single variable with an exponent of 1.
B) A term that contains a single variable with an exponent of 2.
C) A term that is a constant times the product of two variables.
D) All of the above.
E) b.and c.only.

F) A) and B)
G) None of the above

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When the marginal return from an activity decreases on a continuous basis,the profit graphs will consist of a series of line segments.

A) True
B) False

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Evolutionary Solver is best suited to which kinds of problems?


A) Linear programs.
B) Nonlinear programs with difficult objective functions.
C) Nonlinear programs with decreasing marginal returns and no discontinuities.
D) Nonlinear programs with many constraints.
E) None of the above.

F) A) and B)
G) A) and D)

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Excel's curve fitting method is used to graph a nonlinear equation.

A) True
B) False

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Which of the following are disadvantages of the Evolutionary Solver?


A) It does not deal well with complicated objective functions.
B) It does perform well on models with many constraints.
C) It is easily trapped at local optima.
D) a and b.
E) None of the above.

F) B) and E)
G) A) and C)

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The requirement that each term in the objective function only contains a single variable is in a linear program is referred to as:


A) the proportionality assumption.
B) the divisibility assumption.
C) the additivity assumption.
D) a nonlinear function.
E) None of the above.

F) B) and E)
G) A) and D)

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Nonlinear programming problems with decreasing marginal returns are generally easier to solve then nonlinear programming problems with increasing marginal returns.

A) True
B) False

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A local maximum is always a global maximum in a nonlinear programming problem.

A) True
B) False

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The measure of risk for pairs of stocks in a portfolio selection problem is called:


A) the covariance of the return.
B) the variance of the return.
C) the expected return.
D) decreasing marginal return.
E) None of the above.

F) A) and B)
G) B) and C)

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When there are decreasing marginal returns:


A) the slope of the graph never increases but sometimes decreases.
B) the slope of the graph never decreases but sometimes increases.
C) the graph always consists of a smooth curve.
D) the graph always consists of a series of line segments.
E) separable programming should not be used.

F) All of the above
G) C) and E)

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A quadratic programming problem is a special type of linear programming problem.

A) True
B) False

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Which of the following is an example of a nonlinear function?


A) Profit = 5x1 + 7x2 - 2x22.
B) Profit = 8x1x2 - x12 - 4x22.
C) Profit = x1 + 6x2 + 3x1x2.
D) None of the above.
E) All of the above.

F) C) and D)
G) B) and D)

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If D1 is a data cell,and C1 and C2 are changing cells,then IF(D1 >= 2,C1,C2)is a linear function.

A) True
B) False

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The additivity assumption of linear programming states that each term in the objective function is the sum of two or more variables.

A) True
B) False

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Evolutionary Solver is based on which of the following concepts?


A) Genetics.
B) Evolution.
C) Survival of the Fittest.
D) All of the above.
E) b and c only.

F) None of the above
G) C) and D)

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Trying different starting points and picking the best solution will always yield the optimal solution to a nonlinear programming problem.

A) True
B) False

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Sometimes the Solver can return different solutions when optimizing a nonlinear programming problem.

A) True
B) False

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Evolutionary Solver is often faster than the standard Solver at solving linear programming problems.

A) True
B) False

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In separable programming,each activity that violates the proportionality assumption is separated into parts with a new variable for each part.

A) True
B) False

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Two runs of the Evolutionary Solver on the same problem will typically yield the same solution. Multiple Choice Questions

A) True
B) False

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