A Linear Programming Problem Has Two Constraints 2X + 4Y

question 25

Multiple Choice

A linear programming problem has two constraints 2X + 4Y = 100 and 1X + 8Y ≤ 100, plus non-negativity constraints on X and Y. Which of the following statements about its feasible region is true?

• A) The points (100, 0) and (0, 25) both lie outside the feasible region.
• B) The two corner points are (33-1/3, 8-1/3) and (50, 0).
• C) The graphical origin (0, 0) is not in the feasible region.
• D) The feasible region is a straight line segment, not an area.
• E) All of the above are true.

Comprehend the role of government intervention in economic activities.

Acknowledge the significance of property ownership in economic systems.

Distinguish between various forms of labour markets and their impact on workers.

Understand the evolution and impact of labour market segmentation and regulations.

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Definitions:

Peak-period Demand

The highest level of demand for a product or service within a specific time frame, often requiring additional resources.

Logistics Department

A division within a company that is responsible for overseeing the flow of goods and materials from suppliers to the end customer, including storage and transportation.

Operating Divisions

Separate segments or areas of a business that perform operations or services distinct from the company's primary business.

Variable Costs

Expenses that directly fluctuate with the amount of goods produced or the extent of services offered.