Quiz Space

Business Analytics · End Term · 31 Aug 2025 · May 2025 term · Set QDD1

Question 5: If the restaurant decides to make 450 DCVs and 450 CVs, t…

Question 5

+1 markOne correct option

The Following Comprehension and Related Questions are Purely Hypothetical
MiloBurgers, a fast-food restaurant sells two types of products: “Double Cheese Veggy” (DCV) burgers and “Cheese Veggy” (CV) burgers. The DCV uses 0.5Kg of cheese and the CV uses only 0.2kg of cheese. The restaurant starts the day with 200Kg of cheese but may order more at an additional cost of ₹25 per Kg to cover the delivery cost. Any surplus cheese at the end of the day is donated to charity. MiloBurgers sells a DCV for ₹100 and a CV for ₹80. All in all, MiloBurgers does not expect to sell more than 900 items in total during a day and the owner wants to maximizes the profit for the coming day. Assume that whatever combination is made (a solution to the problem) can be sold. Given this information, answer the given subquestions.

If the restaurant decides to make 450 DCVs and 450 CVs, then which of the following option is correct

  1. A

    The restaurant will order more cheese in addition to the cheese available in stock

  2. B

    The restaurant will not order more cheese and will completely consume the available cheese

  3. C

    The restaurant will donate some cheese to charity as it has surplus

  4. D

    Cannot say as more information is required

Show answer

Correct answer

  • A

    The restaurant will order more cheese in addition to the cheese available in stock

Question 5 of 32 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M DIPLOMA FN EXAM QDD1 31 Aug 2025). It carries 1 mark.

More questions from this paper

  1. Q1How many decision variables are present in the standard form of the primal, if the given problem is formulated as a Lin…
  2. Q2How many decision variables are present in the Dual form (which is formulated based on the standard form of the primal)…
  3. Q3If the restaurant decides to make 450 DCVs and 450 CVs, then what is the value of the objective function for the linear…
  4. Q4If the restaurant decides to make 450 DCVs and 450 CVs, then how many decision variables in the Dual form (which is for…
  5. Q6| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  6. Q7| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  7. Q8| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  8. Q9The computed p-value of a chi-square goodness-of-fit test is 0.167. Then, which of the following statements are TRUE
  9. Q10Say you build a multiple regression model using 6 independent variables and 20 data points. This is called Model-1. The…
  10. Q11The Following Question is Purely Hypothetical\ Your family is seeking an alliance for you and has found three matrimoni…
  11. Q12What would be the mean of the distribution, if you want to check the hypothesis “The number of scratches on a produced …
  12. Q13Which of the following is the correct PMF formula for a Poisson Distribution?
  13. Q14How many (count) of degrees of freedom will be presented for the computed test statistic for this problem if you want t…
  14. Q15What is the value of the computed test statistic for the test to be performed if you want to check the hypothesis “The …
  15. Q16Based on the computed test statistic for the test to be performed, using Figure-2, at a significance level of 10% what …
  16. Q17Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  17. Q18Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  18. Q19Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  19. Q20Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  20. Q21Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  21. Q22Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  22. Q23Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  23. Q24There are six business units. There are two outputs and one input under consideration. You are solving the optimization…
  24. Q25There are six business units. There are two outputs and one input under consideration. You are solving the optimization…
  25. Q26What is the objective function?
  26. Q27What is the type constraint?
  27. Q28Which of them is not a constraint for the LP problem pertaining to Sales Office 2? (Select all that apply)
  28. Q29You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  29. Q30You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  30. Q31You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  31. Q32You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…