LESSON 6: INTEGER LINEAR PROGRAMMING Flashcards
A manufacturing company wants to optimize its production schedule to maximize profit. Which of the following is a primary goal of integer linear programming (ILP) in this situation?
A. Minimize production time
B. Maximize profit
C. Reduce raw material costs
D. Minimize machine maintenance costs
Maximize profit
A logistics company needs to determine the most cost-effective route for delivering goods to various locations. What type of decision-making tool is best suited for this scenario?
A. Descriptive analytics
B. Predictive analytics
C. Prescriptive analytics
D. Diagnostic analytics
Prescriptive analytics
An e-commerce company wants to allocate resources efficiently for order fulfillment, considering warehouse constraints. What technique would be most appropriate for this optimization problem?
A. Predictive modeling
B. Descriptive modeling
C. Prescriptive modeling
D. Diagnostic modeling
Descriptive modeling
A retail chain wants to optimize shelf space for products to maximize sales. What mathematical approach is suitable for this scenario?
A. Linear regression
B. Integer linear programming
C. Decision trees
D. Cluster analysis
Integer linear programming
A retail company wants to optimize its inventory management to reduce stockouts and excess inventory costs. Which prescriptive analytics approach is most suitable for this scenario?
A. Predictive modeling
B. Descriptive analytics
C. Simulation modeling
D. Optimization modeling
Optimization modeling
In a production scheduling problem, which variable type is likely to be modeled as an integer in ILP?
A. Descriptive analytics
B. Predictive analytics
C. Prescriptive analytics
D. Diagnostic analytics
Prescriptive analytics
A company wants to minimize transportation costs while distributing goods to various locations. What type of problem is this, and what kind of variables might be integer in nature?
A. Linear regression, continuous variables
B. ILP, binary variables
C. Clustering, categorical variables
D. Decision tree, discrete variables
ILP, binary variables
Which of the following is a common constraint in ILP for resource allocation problems?
A. Profit maximization
B. Budget constraint
C. Market demand
D. Regression coefficient
Budget constraint
A manufacturing company wants to determine the optimal production plan for maximizing profit. Which type of ILP variable might represent the choice of whether to produce a specific product or not?
A. Continuous variable
B. Binary variable
C. Integer variable
D. Dummy variable
Binary variable
A manufacturing company wants to optimize its production schedule to maximize profit. It has identified three production options with associated profits: Option A ($5000 per unit), Option B ($7000 per unit), and Option C ($6000 per unit). The production capacity for each option is limited to 100 units. The objective is to maximize profit. What type of programming model is suitable for this scenario?
A. Linear Programming (LP)
B. Integer Linear Programming (ILP)
C. Quadratic Programming (QP)
D. Non-linear Programming (NLP)
Integer Linear Programming (ILP)
A retail company wants to optimize shelf space allocation for products. What type of ILP constraint might be used to ensure that the total shelf space used does not exceed the available space?
A. Equality constraint
B. Inequality constraint
C. Budget constraint
D. Time constraint
Inequality constraint
A company wants to allocate advertising budget across various channels for maximum reach. What type of ILP constraint might be used to ensure that the total budget is not exceeded?
A. Equality constraint
B. Inequality constraint
C. Budget constraint
D. Time constraint
Budget constraint
In a project scheduling problem, if the goal is to minimize the project completion time, which type of ILP variable might be used to represent the duration of each task?
A. Continuous variable
B. Binary variable
C. Integer variable
D. Dummy variable
Continuous variable
A logistics company wants to optimize the delivery routes for a fleet of vehicles. Each vehicle has a limited capacity, and the goal is to minimize the total distance traveled. What characteristic of the problem requires the use of Integer Linear Programming?
A. Limited capacity
B. Minimizing total distance
C. Multiple vehicles
D. Integer quantities of routes
Integer quantities of routes
In an Integer Linear Programming problem, when do we use integer constraints?
A. When the decision variables can only take on integer values.
B. When the decision variables can take on any real values.
C. When the objective function is linear.
D. When the problem involves maximizing profit.
When the decision variables can only take on integer values.