SCM 460: Mid-term Exam Flashcards

1
Q

The concept of Optimization?

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2
Q

Different types of modeling approaches: Optimization

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3
Q

Different types of modeling approaches: Heuristic

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4
Q

Different types of modeling approaches: Simulation

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5
Q

Decision variables

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6
Q

Objective function

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7
Q

Constraints

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8
Q

Linear Function

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9
Q

Non-Linear Functions

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10
Q

Linear vs. non-linear functions

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11
Q

Integer programming

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12
Q

Branch-and-bound method

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13
Q

Simplex algorithm

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14
Q

Binary variables

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15
Q

Types of math programming models: LP

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16
Q

Types of math programming models: NLP

17
Q

Types of math programming models: ILP

18
Q

Types of math programming models: MILP

19
Q

Types of math programming models:

20
Q

Infeasible Solution

21
Q

Unbounded Solutions

22
Q

Multiple-optimal Solutions

23
Q

Binding constraints

24
Q

Redundant constraints

25
Q

Production model

26
Q

Classical transportation problem

27
Q

Transportation problem with binary decision variables

28
Q

Network model (capacitated transshipment model)

29
Q

Nodes and arcs

30
Q

Arc capacities

31
Q

Demand and supply effect on constraints

32
Q

Net supply concept and flow constraints

33
Q

System of linear equations

34
Q

Point of indifference

35
Q

MRP, DRP

36
Q

Supply Chain concept