In Linear Optimization,the Phrase "Cannot Exceed" Specifies A(n)"________" Inequality

question 87

Multiple Choice

In linear optimization,the phrase "cannot exceed" specifies a(n) "________" inequality.

• A)>
• B)≤
• C)≥
• D)≠

---

Definitions:

Standard Materials Quantity

The expected amount of materials that should be used for the production of a certain number of units, as set by a company's standards.

Board Feet

A unit of measure for the volume of lumber, equivalent to a piece of wood one foot long, one foot wide, and one inch thick.

Direct Materials Quantity Variance

The difference between the expected and actual quantity of materials used in production, multiplied by the standard cost per unit of material.

Actual Costs

The real costs incurred in the production of goods or services, including all expenses such as materials, labor, and overhead.