Allocation of Resources (Leaving Cert Applied Maths): Quizzes

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Allocation of Resources
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What does 'sink to source' mean in resource allocation problems?

Start at end, work backwards

Why work backwards in dynamic programming for resource allocation?

Optimal future outcomes aid current decisions

Which is an essential characteristic of resource allocation problems?

Finite resources to distribute

How do decisions relate in resource allocation problems?

They are interdependent

What is the optimization goal in resource allocation?

Maximize total value or profit

How many tonnes of surplus apples does Sarah have?

5 tonnes

What is the minimum apple sauce allocation Sarah must make?

1 tonne

What is the maximum available for pig feed and cider combined?

4 tonnes

What profit does Option 2 give in the simple comparison?

€520

What does OVD stand for in dynamic programming?

Optimal Value to Destination

In what order are stages worked through?

Apple sauce, cider, pig feed

What is the maximum profit from the optimal solution?

€605

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