Module B: Linear Programming
True or False



1.  

The iso-profit solution method can only be used to solve maximization problems.

TRUE
FALSE


2.  

Any linear programming problem can be solved using the graphical solution.

TRUE
FALSE


3.  

The set of solution points that satisfies all of a linear programming problem's constraints simultaneously is defined as the feasible region in graphical linear programming.

TRUE
FALSE


4.  

An objective function is necessary in a maximization problem but is not required in a minimization problem.

TRUE
FALSE


5.  

A constraint is a mathematical expression in linear programming that maximizes or minimizes some quantity.

TRUE
FALSE


6.  

The value of one additional unit of a resource in a linear programming model is the shadow price.

TRUE
FALSE


7.  

A minimization linear programming problem cannot be solved graphically.

TRUE
FALSE


8.  

The simplex method can be used to solve linear programming problems.

TRUE
FALSE


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