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A linear function may contain which of the following? I. A term that contains a single variable with an exponent of 1. II. A term that contains a single variable with an exponent of 2. III. A term that is a constant times the product of two variables.


A) I only
B) II only
C) III only
D) I, II, and III
E) II and III only

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

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Sometimes Evolutionary Solver will make a random change in a member of the population.

A) True
B) False

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The multistart feature in Solver can be used for nonlinear programming problems to systematically try a number of different starting points.

A) True
B) False

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Which of the following techniques is appropriate when a nonlinear programming problem has multiple local optima? I. Running Solver many times with different starting points. II. Using the multistart feature to try different starting points. III. Using Evolutionary Solver.


A) I only
B) II only
C) III only
D) I, II, and III
E) II and III only

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

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If a model uses IF or ROUND functions that incorporate the changing cells, then running the RSPE Analyze Model without Solving feature will typically say the model is of what type?


A) Linear
B) NLP Convex
C) QP Convex
D) NSP
E) None of the choices is correct.

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

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Having activities with decreasing marginal returns is the only way that the proportionality assumption can be violated.

A) True
B) False

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

A) True
B) False

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Which of the following are disadvantages of the Evolutionary Solver? I. It does not deal well with complicated objective functions. II. It does perform well on models with many constraints. III. It is easily trapped at local optima.


A) I only
B) II only
C) III only
D) I and II
E) None of these

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

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The following chart shows a relationship between advertising expenditures and sales. The following chart shows a relationship between advertising expenditures and sales.   Which of the following describes the chart in terms of a linear relationship? A)  The chart shows a linear relationship. B)  The chart shows decreasing marginal returns. C)  The chart shows a proportional relationship. D)  The chart shows increasing marginal returns. E)  The chart is piecewise linear. Which of the following describes the chart in terms of a linear relationship?


A) The chart shows a linear relationship.
B) The chart shows decreasing marginal returns.
C) The chart shows a proportional relationship.
D) The chart shows increasing marginal returns.
E) The chart is piecewise linear.

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

Correct Answer

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When applying nonlinear programming to portfolio selection, a trade-off is being made between the expected return and the risk associated with the investment.

A) True
B) False

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The following chart shows a relationship between advertising expenditures and sales. The following chart shows a relationship between advertising expenditures and sales.    Which of the following describes the chart in terms of a linear relationship? A)  The chart shows a linear relationship. B)  The chart shows decreasing marginal returns. C)  The chart shows a proportional relationship. D)  The chart shows discontinuities. E)  The chart is piecewise linear. Which of the following describes the chart in terms of a linear relationship?


A) The chart shows a linear relationship.
B) The chart shows decreasing marginal returns.
C) The chart shows a proportional relationship.
D) The chart shows discontinuities.
E) The chart is piecewise linear.

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

Correct Answer

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One reason that a manager may choose to use a nonlinear model to analyze a problem is


A) Nonlinear models are easier to solve than linear models.
B) Nonlinear models may provide greater precision than linear models.
C) Nonlinear techniques such as Evolutionary Solver provide optimal results.
D) Nonlinear models are easier to understand than linear models.
E) Nonlinear models take less time to solve than linear models.

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

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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) All of the choices are correct.
E) None of the choices is correct.

F) A) and E)
G) B) 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 choices is correct.

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

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