Table M7-3 -According to Table M7-3,which Is the Final Simplex Tableau for Simplex

question 68

Multiple Choice

Table M7-3
-According to Table M7-3,which is the final simplex tableau for a problem with two variables and two constraints,the 0.667 in the X₁ column means that

• A)to produce 1 unit of X₁,0.667 units of X₂ must be given up.
• B)to produce 1 unit of X₂,0.667 units of X₁ must be given up.
• C)if 1 unit of X₁ is produced,profits on X₂ will decrease by 0.667.
• D)if 1 unit of X₁ is produced,profits on X₂ will increase by 0.667.
• E)None of the above

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Definitions:

Cost Method

An accounting method used to value certain investments based on their original purchase cost, without reflecting market value changes until realized.

Economic Interest

A stake or concern in an economic entity or activity, often referring to the level of investment or involvement an individual or organization possesses in a company or project.

Equity Method

An accounting technique used by companies to record their investments in other companies when they have significant influence but not full control.

Cost Method

An accounting approach used to account for investments, where the investment is recorded at its cost and adjustments are made for dividends received or possible impairments.