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CIPS L6M9 Exam - Topic 3 Question 3 Discussion

Which of the following are typical objectives of Linear Programming (LP)? Select ALL that apply.
A) Minimising inventory levels and B) Maximising machine working hours and D) Minimising production costs and E) Maximising labour working hours
C) Maximising transportation costs

CIPS L6M9 Exam - Topic 3 Question 3 Discussion

Actual exam question for CIPS's L6M9 exam
Question #: 3
Topic #: 3
[All L6M9 Questions]

Which of the following are typical objectives of Linear Programming (LP)? Select ALL that apply.

Show Suggested Answer Hide Answer
Suggested Answer: A, B, D, E

Linear Programming (LP) aims to optimise resource allocation by:

Minimising inventory levels (reduce storage costs).

Maximising machine working hours (increase efficiency).

Minimising production costs (reduce expenses).

Maximising labour working hours (increase productivity).

Option C is incorrect---LP aims to minimise, not maximise, transportation costs.

(LO 1.3, See p.47)


Contribute your Thoughts:

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Dolores
7 months ago
I thought LP was about efficiency, not maximising labour hours.
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Roxanne
8 months ago
Yup, maximising machine working hours makes sense too!
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Salome
8 months ago
Wait, maximising transportation costs? That doesn't sound right...
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Glory
8 months ago
Totally agree, minimising inventory levels is also crucial!
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Lili
8 months ago
Minimising production costs is definitely a key objective of LP.
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Jacinta
9 months ago
I feel like C is definitely not an objective of LP. Maximizing transportation costs doesn't align with what we learned about efficiency.
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Nancey
9 months ago
I practiced a question similar to this, and I think B is a bit tricky. Maximizing machine hours could be a goal, but it depends on the context.
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Ligia
9 months ago
I'm not entirely sure about A and E. Minimizing inventory levels seems plausible, but maximizing labor hours feels off.
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Marjory
9 months ago
I remember that LP often focuses on minimizing costs, so I think D is definitely one of the objectives.
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Fausto
9 months ago
Wait, is maximizing transportation costs really an objective? That doesn't seem right at all. I'm a little confused on the nuances here, so I'll have to review the material again before answering.
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Erin
9 months ago
I've got this! Minimizing costs and maximizing efficiency are classic LP goals. I'll select the answers that fit that criteria.
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Kati
9 months ago
Okay, let's see. Minimizing inventory levels and production costs seem like obvious LP objectives. But I'm not sure about maximizing machine hours or labor hours - those don't seem quite right. I'll have to double-check my understanding.
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Alecia
9 months ago
Hmm, I'm a bit unsure about this one. I know LP is used for optimization, but I'm not totally clear on the specific objectives. I'll have to think this through carefully.
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Dick
9 months ago
This looks like a straightforward question on the objectives of Linear Programming. I'm confident I can identify the correct answers.
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Alishia
1 year ago
Ah, the old 'minimize inventory, maximize costs' trick. Classic LP mind games!
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Rosenda
1 year ago
E) Maximising labour working hours
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Corazon
1 year ago
D) Minimising production costs
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Fatima
1 year ago
A) Minimising inventory levels
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Lenny
1 year ago
I'm not sure about C. Maximising transportation costs doesn't seem like a typical objective of LP to me.
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Murray
1 year ago
I agree with Brinda. Minimising inventory levels, production costs, and maximising labour working hours make sense.
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Cathrine
1 year ago
B and E are my picks. Maximize machine and labor hours to get the most out of your resources!
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Kenneth
1 year ago
Maximizing transportation costs doesn't seem like a typical objective of LP.
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Lottie
1 year ago
I agree, minimizing inventory levels can help reduce waste.
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Minna
1 year ago
I think minimizing production costs is also important to consider.
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Tayna
1 year ago
I agree, maximizing machine and labor hours is key to efficiency.
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Brinda
1 year ago
I think A, D, and E are typical objectives of LP.
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Britt
1 year ago
Wow, C is a strange one. Maximizing transportation costs? That's like trying to lose money on purpose!
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Mari
1 year ago
A, D, and E are the typical objectives of Linear Programming. Gotta maximize efficiency and minimize costs!
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Bettina
1 year ago
That's right! Minimising production costs, maximising labour working hours, and minimising inventory levels are key objectives in LP.
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Dominga
1 year ago
A, D, and E are the typical objectives of Linear Programming. Gotta maximize efficiency and minimize costs!
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