An LP model for a marketing research application uses the variable HD to represent the number of homeowners interviewed during the day. The objective function minimizes the cost of interviewing this and other categories. There is a constraint that HD ? 100. The solution indicates that interviewing another homeowner during the day will increase costs by 10.00. What does this tell you about the HD variable?

a. The objective function coefficient of HD is 10.
b. The dual price for the HD constraint is 10.
c. The objective function coefficient of HD is ?10.
d. The dual price for the HD constraint is ?10.


d. The dual price for the HD constraint is ?10.

Business

You might also like to view...

Colgate discovered that in Spanish colgate is a verb form that means "go hang yourself."

Indicate whether the statement is true or false

Business

If fixed costs are $350,000, the unit selling price is $29, and the unit variable costs are $20, what is the break-even sales (units) if the variable costs are decreased by $4?

A) 26,924 units B) 12,069 units C) 21,875 units D) 38,889 units

Business

__________ means that people enjoy their jobs and are satisfied with their work conditions, contribute enthusiastically to meeting team and organizational goals, and feel a sense of belonging and commitment to the organization.

A. Commitment B. Engagement C. Employee loyalty D. Employee assurance E. Empowerment

Business

Microsoft Access 2013 databases are stored using the file extension .accdb

Indicate whether the statement is true or false

Business