Graph the constraints for this problem. Indicate all feasible solutions
Solve the following problem graphically.
Max 5X + 6Y
s.t. 17X + 8Y ? 136
3X + 4Y ? 36
X, Y ? 0 and integer
The feasible region is those integer values in the space labeled Feasible Region.
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If a production possibilities frontier appears as a downward sloping straight line, which of the following occurs?
a. increasing opportunity cost b. decreasing opportunity cost c. constant opportunity cost d. negative opportunity cost
Gross profit plus cost of goods sold equals
a. cost of goods available for sale; b. beginning inventory; c. ending inventory; d. purchases; e. net sales.
According to the text, one expectation by companies that adopted the global organizational form was that this change may
A. permit them to obtain cheaper labor. B. guarantee them lower production costs by larger market share. C. enable them to get lower interest rates to finance expansion. D. enhance technology transfer and the allocation of company resources. E. be more capable of avoiding global competition.
If the project has a duration of 13 days, the project should be completed 13 days from the day it starts.
Answer the following statement true (T) or false (F)