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

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17
Q

Types of math programming models: ILP

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18
Q

Types of math programming models: MILP

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19
Q

Types of math programming models:

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20
Q

Infeasible Solution

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21
Q

Unbounded Solutions

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22
Q

Multiple-optimal Solutions

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23
Q

Binding constraints

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24
Q

Redundant constraints

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25
Q

Production model

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26
Q

Classical transportation problem

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27
Q

Transportation problem with binary decision variables

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28
Q

Network model (capacitated transshipment model)

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29
Q

Nodes and arcs

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30
Q

Arc capacities

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31
Q

Demand and supply effect on constraints

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32
Q

Net supply concept and flow constraints

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33
Q

System of linear equations

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34
Q

Point of indifference

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35
Q

MRP, DRP

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36
Q

Supply Chain concept

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