Suppose That a Maximization LP Problem Has Corners of (0,0)

question 96

Multiple Choice

Suppose that a maximization LP problem has corners of (0,0) , (10,0) , (5,5) , and (0,7) . If profit is given to be X + 2Y what is the maximum profit the company can earn?

• A) $0
• B) $10
• C) $15
• D) $14
• E) $12

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Definitions:

Ergo Propter Hoc

A logical fallacy meaning "therefore because of this," implying a cause-and-effect relationship where none exists based solely on sequence of events.

Slope

The measure of the steepness or incline of a line, often calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Equity

Refers to the ownership interest in a corporation in the form of common or preferred stock; it represents the owners' share in the company's assets.

Fairness

A subjective concept referring to equal and impartial treatment, decisions, and actions in context with ethical, societal, or personal standards and norms.