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Author Question: The slack value for binding constraints is a. always a positive integer. b. zero. c. a negative ... (Read 129 times)

Chloeellawright

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on: Jun 24, 2018
The slack value for binding constraints is
 a. always a positive integer.
  b. zero.
  c. a negative integer.
  d. equal to the sum of the optimal points in the solution.

Question 2

The random variable X is normally distributed with mean of 80 and standard deviation of 10 . What is the probability that a value of X chosen at random will be between 70 and 90?


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ngr69

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Reply #1 on: Jun 24, 2018
Answer to Question 1

b
RATIONALE: By definition, binding constraints have zero slack.

Answer to Question 2

P(70 < x < 90) =0.683

RATIONALE: In a normal distribution, 68.3 of the values are within plus or minus one standard deviation of the mean.


Chloeellawright

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

nyrave

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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