Management Information Systems - Rutgers University
Operations Management
Study Guide and Practice Questions for Final Exam
This study guide is meant to give an idea of what to expect on the final exam. Topics to review:
Linear Programming Models
Resource allocation/production planning, diet
Multi-period inventory/production
Blending constraints
Investment models
Network Models (special cases of LP)
Transportation
Assignment (a special case of transportation)
- General min-cost (or max-“cost”) flow
- Project scheduling (Critical Path models), including crashing
- Models with combinations of network and non-network sub-models
(Mixed) Integer Programming Models
Definition of integer and binary variables
Fixed charge models, logical upper and lower bounds
Logical constraints (one of n possibilities must or may be true, etc.)
• Knapsack constraints
• Set covering constraints
Simulations
• Random variables (what are they?), and specifically: Discrete, Poisson, Binomial, Uniform, Normal, Exponential
• How to use VLOOKUP, construct Data Tables,
We plan to have six questions on the exam:
• Four or five questions on linear and integer programming models
• Three algebra formulations
• One or two spreadsheet question
• One or two questions on simulation (in spreadsheet form)
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