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Question
The logistics/operations manager of a mail order house purchases two products for resale: king beds (K) and queen beds (Q). Each king bed costs $500 and requires 100 cubic feet of storage space, and each queen bed costs $300 and requires 90 cubic feet of storage space. The manager has $75,000 to invest in beds this week, and her warehouse has 18,000 cubic feet available for storage. Profit for each king bed is $300 and for each queen bed is $150.
What is the objective function?
A. Z = $150K + $300Q
B. Z = $500K + $300Q
C. Z = $300K + $150Q
D. Z = $300K + $500Q
E. Z = $100K + $90Q
Answer
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Related questions
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Q:
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Which of the following makes using present value approaches in capacity decisions difficult?
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Q:
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Q:
The method of financial analysis which focuses on the length of time it takes to recover the initial cost of an investment is:
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Q:
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Q:
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Q:
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Q:
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Q:
The ratio of actual output to design capacity is:
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Q:
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A. user friendly
B. robust
C. distributed computer networks
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Q:
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B. high cost.
C. longer lead times.
D. variety.
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Q:
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Q:
Which of the following statements about CAD is not true?
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B. It uses computer graphics.
C. It requires a good database.
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Q:
The research and development activity which starts after positive research results are available and attempts to turn these results into useful commercial applications is:
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Q:
Which of the following is not a reason for redesigning a product or service?
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