Linear programming would be used by decision makers when there are:

A. limited resources for labor.
B. limited resources for material.
C. multiple scarce resources.
D. scarce resources for both labor and machine hours.
E. scarce resources for machine hours.


Answer: C

Business

You might also like to view...

Which of the following is not a financial control?

A. budgets B. financial statements C. income statement D. audits E. ISO 14000

Business

A manufacturer of cast iron frying pans wants to place its frying pans for sale in a major retail store. Which of the following would be a negotiable item?

A. Retail pricing points B. Prices and pricing allowances for volume purchases C. Location of shelf positioning D. Inventory levels the retail store should maintain E. All of these

Business

Under the allowance method of accounting for bad debts, the company estimates the amount of bad debts before those debts actually occur

a. True b. False Indicate whether the statement is true or false

Business

Two basic fraudulent register disbursement schemes are:

a. purchase schemes and sales schemes. b. bid-rigging schemes and kickbacks. c. ghost employees and commission schemes. d. false refunds and false voids.

Business