Pinter Corp

question 14

Multiple Choice

Pinter Corp.produces three products,and is currently short on machine hours since one of its two machines is down - only 360 hours are available this month.The selling price,costs,labor requirements,and demand of the three products are as follows: How many of each product should be sold while the machine is down to maximize profit?

• A)200 of Product A,0 of Product B,and 210 of Product C.
• B)0 of Product A,1,440 of Product B,and 0 of Product C.
• C)66 of Product A,400 of Product B,and 210 of Product C.
• D)300 of Product A,400 of Product B,and 210 of Product C.

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Definitions:

Logistic Regression

A statistical method for analyzing datasets in which there are one or more independent variables that determine an outcome, which is categorical.

Dependent Variable

A variable in an experiment or study that is expected to change in response to changes in another variable, the independent variable.

Independent Variables

Variables in an experiment or regression which are manipulated or categorized to determine their effect on dependent variables.

Degrees of Freedom

Refers to the number of independent values or quantities which can be assigned to a statistical distribution.