______ are constraints that form the corner points at the boundaries of the feasible solution region and limit the values of the decision variables, which in turn, limit the objective function values.
A. Binding constraints
B. Nonbinding constraints
C. Redundant constraints
D. Optimal constraints
A. Binding constraints
You might also like to view...
How is the strategy of upgrading used by salespeople?
What will be an ideal response?
Which of the following statements is true regarding sexual orientation in the United States?
A. Organizational approaches to sexual orientation have remained the same since the 1960’s. B. In all states, only a man and a woman can marry. C. In all states, it is illegal to fire an employee based on sexual orientation. D. In some states, it is still legal to fire an employee based on sexual orientation.
A contract is a binding agreement that the courts will enforce
a. True b. False Indicate whether the statement is true or false
Modiste, Inc manufactures two kinds of bags—totes and satchels
The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $24,000. Additional estimated information is given below. Totes Satchels Direct materials cost per unit $33 $43 Direct labor cost per unit $50 $61 Number of units 530 380 Calculate the predetermined overhead allocation rate. (Round your answer to two decimal places.) A) 90.57% B) 48.31% C) 96.58% D) 1.36%