If the maximization objective function is evaluated at three corner points of a graphically solved LP problem, and Point A yields a profit of $20,000, Point B yields a profit of $55,000, and point C yields a profit of $41,000, what point produces the optimum solution?

A) The origin
B) Point A
C) Point B
D) Point C
E) Cannot be determined


C

Business

You might also like to view...

Which president led the antitrust reform movement?

A. Theodore Roosevelt B. Woodrow Wilson C. Harry Truman D. Franklin Roosevelt

Business

In the context of group decision making, which of the following is a difference between the nominal group technique (NGT) and the Delphi technique?

a. Unlike the NGT, the Delphi technique requires all panel members to gather together in one place. b. Unlike the Delphi technique, the NGT produces better decisions than the devil's advocacy and dialectical inquiry approaches. c. Unlike the Delphi technique, the NGT increases a-type conflicts. d. Unlike the NGT, the Delphi technique involves creating a series of open-ended questions for group members.

Business

Consider the portion of the sensitivity analysis report that follows. Increasing the right-hand side constraint by 1 unit for $I$8 (150 to 151) will result in which of the following?



A. decrease the profit by $0.6
B. increase the profit by $3.2
C. increase the profit by $0.6
D. decrease the profit by $3.2

Business

Which of the following statements about teams is true?

A) Teams are good for innovation, but they reduce productivity. B) Working in teams tends to be slower than working independently. C) Teams can be powerful forces for creativity and change. D) Working in teams tends to lower employees' esteem. E) Teams can be powerful forces for quality, but they are expensive.

Business