Business Mathematics Practice Test 23

Linear Programming Examples Quiz PDF: Questions and Answers - 23

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Linear Programming Examples Questions and Answers PDF Download: Quiz 23

MCQ 111: The objective of linear programming for an objective function is to

A) maximize or minimize

B) subset or proper set modeling

C) row or column modeling

D) adjacent modeling

MCQ 112: The purchase cost is 30,000 and the depreciation is 5,000 then the depreciation function is

A) V = ƒ(t) = 30000 - 5000t

B) V = ƒ(t) = 5000t + 30000

C) V = ƒ(t) = 30000t - 5000t

D) V = ƒ(t) = 30000t + 5000t

MCQ 113: The interest rate per year is 16 and the compounding occurs every quarter then interest rate per compounding period is

A) 0.4

B) 0.04

C) 40

D) 0.004

MCQ 114: The total revenue is $40,000 USD, the variable cost is $10,000 USD and the fixed cost is $40,000 USD then the profit or loss is

A) −$10000

B) $10,000

C) $90,000

D) $70,000

MCQ 115: The specific combination of decision variables to specify non-negativity and structural constraints is classified as

A) optimal solution candidates

B) minimal solution candidate

C) maximum solution candidate

D) ordinate solution candidate

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