31)Which of the following is NOT an assumption used by a LP allocation problem A)Returns from different allocations can be compared B)The return from any allocation is independent of other allocations C) The total return is the sum of the returns yielded by the different activities D)All data are unknown with decision making under uncertainty Ar Diff: 2 Page Ref: 338 32)Which of the following is NOT an assumption used by a LP allocation problem? A)The resources are to be used in the most economical manner B)The return from any allocation is independent of other allocations C)Total returns cannot be compared D)All data are known with certainty nswer Diff: 2 Page Ref: 338 33)This method calculates the values of the inputs necessary to achieve a desired level of an output A)goal see B)what-if C)sensitivity D)LP Answer: A Diff:2 Page Ref: 348 34)This method calculates the values of the inputs necessary to generate a zero profit outcome A)goal seek B) what-if C) sensitivity D)break-even Answer: A Diff: 2 Page Ref: 349 35)The most common method for solving a risk analysis problem is to select the alternative with the A)smallest expected value B)greatest expected value C)mean expected value D)median expected value Answer: Diff: 2 age Ref: 351 Copyright C 2018 Pearson Education, Inc5 Copyright © 2018 Pearson Education, Inc. 31) Which of the following is NOT an assumption used by a LP allocation problem? A) Returns from different allocations can be compared. B) The return from any allocation is independent of other allocations. C) The total return is the sum of the returns yielded by the different activities. D) All data are unknown with decision making under uncertainty. Answer: D Diff: 2 Page Ref: 338 32) Which of the following is NOT an assumption used by a LP allocation problem? A) The resources are to be used in the most economical manner. B) The return from any allocation is independent of other allocations. C) Total returns cannot be compared. D) All data are known with certainty. Answer: C Diff: 2 Page Ref: 338 33) This method calculates the values of the inputs necessary to achieve a desired level of an output. A) goal seek B) what-if C) sensitivity D) LP Answer: A Diff: 2 Page Ref: 348 34) This method calculates the values of the inputs necessary to generate a zero profit outcome. A) goal seek B) what-if C) sensitivity D) break-even Answer: A Diff: 2 Page Ref: 349 35) The most common method for solving a risk analysis problem is to select the alternative with the A) smallest expected value. B) greatest expected value. C) mean expected value. D) median expected value. Answer: B Diff: 2 Page Ref: 351