Which illustrates the technique of substitution
A customer molder produces 6-ounce juice glasses and 10-ounce cocktail glasses. The per unit contribution for the juice glasses (x1) is equal to 60 - 5x1, and the per unit contribution for the cocktail glasses (x2) is 80 - 4 x2 for a total contribution of 60 x1 - 5x12 + 80x2 - 4x22. Demand requires that the production of juice glasses is twice the production of cocktail glasses (x1 = 2x2). Write the objective function for this problem
Answer: 20x2 - 24x22 or 100x1 - 6x12
You might also like to view...
List seven graphic devices to use for data illustration and interpretation; include a major objective or purpose for each
Although the Uniform Commercial Code (UCC) has been adopted, at least in part, by states, important_________exist among the adopters in its application to commerce
Fill in the blank(s) with correct word
According to the text, a true marketing decision support system should be interactive, which means:
A. managers can probe for trends, isolate problems, and ask "what if" questions B. managers that aren't skilled with computers can easily learn to use the system C. managers are able to sort, regroup, total, average, and manipulate data in various ways D. managers can give simple instructions and see immediate results E. managers can find optimum solutions to marketing problems
The movement of money into and out of an organization is called
A. equity financing. B. a revolving credit agreement. C. factoring. D. cash flow. E. budgeting.