Practice Cost Minimization in Linear Programming - 8.6 | 8. LP Modeling: Production Planning | Design & Analysis of Algorithms - Vol 3
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the objective of linear programming?

💡 Hint: Think about how resources are utilized in production.

Question 2

Easy

Define surplus storage costs.

💡 Hint: Consider the implications of unsold inventory.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does a linear program aim to do?

  • Maximize profits
  • Minimize costs
  • Both A and B

💡 Hint: Consider the objectives of business operations.

Question 2

True or False: The simplex algorithm can only solve problems where all variables are integers.

  • True
  • False

💡 Hint: Think about the nature of the variables in most linear programs.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Develop a complete linear programming model that includes all potential costs associated with producing 700 carpets in a month. Assume demand fluctuations necessitate holding extra inventory.

💡 Hint: Include all costs and maximize production efficiency.

Question 2

Given different monthly demands (from 320 to 920) and production capacities, how would you adjust your workforce if previously hired workers are non-integers?

💡 Hint: Focusing on the demand fluctuations will be key in adjusting numbers.

Challenge and get performance evaluation