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nikklg [1K]
4 years ago
5

The feasible region for a linear program is defined by these constraints: 2a - 1b less than or = 0; 1A + 1.5B greater than or eq

ual to 200; A greater than or equal to 0; B greater than or equal to zero; An optimizing student in the management science class is interested in finding the best feasible solution under TWO different objectives. Objective 1 maximizes 4A +B; Objective 2 minimizes A+B. Which of the following statements is true about this linear program?
Business
1 answer:
Svetradugi [14.3K]4 years ago
8 0

<u>Answer:</u>

<em>A greater than or equal to 0; B greater than or equal to zero. This is the correct statement.</em>

<u>Explanation:</u>

A practical arrangement is a lot of qualities for the choice factors that fulfils the majority of the <em>limitations in a streamlining issue</em>.

A neighbourhood ideal arrangement is one where there is no other practical arrangement in the region with a <em>superior target capacity esteem. 0.0</em>

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Business process management applies only to commercial, profit-making organizations.
GalinKa [24]

<u><em>False</em></u>. Business process management applies to commercial, nonprofit, for-profit, and government entities.

Discovering, modeling, analyzing, measuring, improving, and optimizing business processes are all aspects of business process management. Businesses have processes in place to ensure that their strategies are effectively implemented throughout all levels of the organization. Structured and repeatable processes are one type, while unstructured and unpredictable ones are another.

Since the roles, regulations, strategies, and objectives of businesses and other entities it embraces are always evolving, business process management is an expansive field that is also inherently dynamic. Several optimization approaches, including as Six Sigma, lean management, and Agile, have found a home in  business process management over the years.

Some firms' business processes have grown too huge and complex to be handled without the help of automated tools, therefore vendors of business process management software have stepped in to facilitate widespread organizational transformation. Progress in artificial intelligence (AI) has in turn fueled the development of new Business process management tools that make it easier to find, create, measure, enhance, and automate processes. business process management, which has traditionally focused on back-end procedures, has expanded to also encompass the optimization of customer and employee interaction systems in response to the advent of digital business.

To know more about business process management refer here:

brainly.com/question/15698916

#SPJ4

4 0
1 year ago
Phoenix, a popular coffee shop chain in North America, recently opened 400 stores to cater to its rapidly increasing number of p
Arisa [49]

Answer: market penetration

Explanation: In order to carter to its rapidly increasing number of patrons, Phoenix is engaging in market penetration by opening 400 stores to this effect. Market penetration is simply defined as a process of increasing or making more sales to current customers of an organisation without changing or modifying the products of the organisation.

4 0
4 years ago
In analyzing company operations, the controller of the corporation found a $250,000 favorable flexible-budget revenue variance.
goldenfox [79]

Answer: C. changes in unit selling prices.

Explanation:

The options given are:

a. the total flexible budget variance

b. the total static budget variance

c. changes in unit selling prices

d. changes in the number of units sold

Based on the information given, the variance can be wholly explained by changes in unit selling prices.

This is due to the fact that the flexible budget revenue variance is calculated and gotten as the difference between the budgeted revenue and the actual revenue at thesame activity level.

Therefore, the number of units will be thesame in both the actual results and the flexble budget. Then, the difference will be as a result of the change in the unit selling price.

8 0
3 years ago
An outdoor barbecue grill manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of ac
Zina [86]

Answer:

Fixed overhead volume variance $ 2801.3

Explanation:

<em>The difference between budgeted Fixed Overheads and Applied Fixed Overheads gives the Fixed overhead volume variance.</em>

Given Data

(Planned )Denominator level of activity 4,600MHs

Fixed overhead cost$50,140

Actual hours 5,000MHs

Standard hours allowed for the actual output 4,743MHs

Actual total fixed manufacturing overhead cost$48,690

<em>We need Budgeted Fixed overhead and we can find it by dividing the fixed costs by the denominator level of activity and multiplying it with actual hours.</em>

<em>We  also need  to find Applied Fixed overhead  by dividing the fixed costs by the denominator level of activity and multiplying it with  standard  hours for actual output.</em>

<u>Calculations</u>

Budgeted Fixed Overhead= ($50,140 /4,600MHs )* 5,000MHs

                                              = $ 54,500

Applied Fixed overhead= ($50,140 /4,600MHs )* 4743MHs

                                         = $ 51698.7

Formula

Fixed overhead volume variance=Budgeted Fixed overhead- Applied Fixed overhead

Fixed overhead volume variance= $ 54,500- $ 51698.7= $ 2801.3

5 0
3 years ago
Suppose the cost to build the park is $24 per acre and that the residents have agreed to split the cost of building the park equ
Marina CMI [18]

Answer: 2 Acres

Explanation:

All 3 residents of the town have agreed to split the cost of building the park equally. The cost is $24 so equally would be,

= 24/3

= $8

Each of them would have to pay $8.

If the cost per person is $8, how much will each person vote for.

Referring to the table;

Cedric will vote No for all acres because the $8 passes the amount Cedric is willing to pay for any size of Acre.

The majority vote can still be carried if the other 2 vote yes.

Sophia will not vote yes for anything more than 2 acres because Sophia's willingness to pay at $8 is for 2 acres alone.

At 2 acres, Amber's willingness to pay is $18 so Amber will vote yes as well.

Therefore if the majority vote is to be carried then the amount of acres should be 2.

5 0
3 years ago
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