Author Question: The reduced cost for a decision variable that appears in a Sensitivity Report indicates the change ... (Read 79 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
The reduced cost for a decision variable that appears in a Sensitivity Report indicates the change in the optimal objective function value that results from changing the right-hand side of the nonnegativity constraint from
 a. 1 to 0.
  b. 0 to 1.
  c. -1 to 0.
  d. 0 to -1.

Question 2

For a population with an unknown distribution, the form of the sampling distribution of the sample mean is
 a. approximately normal for small sample sizes.
  b. exactly normal for large sample sizes.
  c. exactly normal for small sample sizes.
  d. approximately normal for large sample sizes.



wilsonbho

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

b
RATIONALE: The reduced cost indicates the change in the optimal objective function value that results from changing the right-hand side of the nonnegativity constraint from 0 to 1.

Answer to Question 2

d
RATIONALE: Central Limit Theorem states: In selecting random samples of size n from a population, the sampling distribution of the sample mean can be approximated by a normal distribution as the sample size becomes large.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library