Determine the values for x and y that will maximize revenue. Given this optimal revenue, what is the amount of slack associated with the first constraint?
Consider the following linear programming problem:
Max Z = $15x + $20y
Subject to: 8x + 5y ? 40
0.4x + y ? 4
x, y ? 0
Answer: x = 0, y = 8, revenue = $160, s1= 0
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A manufacturer of playground equipment has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity$5,800DLHs Fixed overhead cost$58,870 ?The following data pertain to operations for the most recent period: Actual hours 6,100DLHs Standard hours allowed for the actual output 6,018DLHs Actual total fixed manufacturing overhead cost$58,320 ?The fixed manufacturing overhead applied to products during the period is closest to:
A. $58,870 B. $58,320 C. $61,915 D. $61,083
The trucking issue that almost de-railed NAFTA in 1995 dealt with?
a. Rates levied by Mexican Firms b. Tarrifs charged by the U.S. government c. Safety and smuggling d. Use of U.S. trucks on Mexican roads.
Performance evaluation and reward systems are part of the __________ managerial function.
Fill in the blank(s) with the appropriate word(s).
A term loan is usually characterized by
A) a maturity of one to seven years. B) a variable interest rate. C) monthly or quarterly installment payments. D) all of these options are true.