A school is trying to determine a nutritional diet to feed its students. The school would like to offer some combination of milk and beans. The school’s objective is to minimize cost, subject to meeting the minimum nutritional requirements of protein, calcium, and calories. The cost and nutritional content of each food, along with the minimum nutritional requirements are shown here.



At the optimum solution, what is the cost of tofu in the diet?

a. $0.95

b. $1.22

c. $2.65

d. $1.50


d. $1.50

Business

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Fill in the blank(s) with correct word

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One of the basic principles behind segmentation is that subgroups of customers can be identified on some basis of similarity.

Answer the following statement true (T) or false (F)

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A _____ occurs when a company's management decides to add products to an existing product line to compete more broadly in the industry.

A. product line reeling B. product line extension C. product line classification D. product line contraction

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In problem solving, a Criteria Matrix is used to:

a. define the real problem that needs to be solved. b. help select which people should be on the decision team. c. identify the best decision-making technique to use. d. help select among a set of alternative solutions.

Business