6) A measurable quantity that is suhject to schange is known an akm A) problem parameter 11)…

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6) A measurable quantity that is suhject to schange is known an akm A) problem parameter 11) variable C) model D) assumption E) factor 7) Which of the following is NOT part of the “what-if” section in Analysis tab in Exot? A) Solver B) Data Table C) Scenario Manager D) Goal Seek E) None of the above 5) Dctermining how much the solution will change if there are changes in the input das of referred to as the model is A) Pricing out a new variable B) Sensitivity analysis C) Reduced cost D) Shadow price E) Allowable range 9) When are we the most likely to overplace our performance relative to others? A) When we are in a good mood. B) When we are trying to impress others. C) When we are working on an easy task. D) None of the above. 10) In dealing with business models, managers should only consider quantitative data while making decisions in practice (True False). 11) Consider the following linear programming model: Min 2X1 +3X2 +X3 Subject to: XI + 2X2 s7 X1. X2. X320 What is the optimal solution for this problem? A)X1-2, X2 .. 3, X3 = 1 c) x1 = 3, x2 = 1,X3=0 12) The main disadvantage of system 2 thinking is its high resource consumption.

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