The Table Below Shows the Quantities of Toffee Bars and Bags

question 82

Multiple Choice

The table below shows the quantities of toffee bars and bags of cashews that a consumer could consume over a 1-week period.
Toffee (bars) Cashews (bags)
TABLE 6-1
-Refer to Table 6-1.If the prices of toffee bars and bags of cashews are both $1 and this consumer has $7 per week to spend on these two snacks,how many of each will he/she purchase to maximize utility?

• A)2 toffee bars and 5 bags of cashews
• B)3 toffee bars and 4 bags of cashews
• C)4 toffee bars and 3 bags of cashews
• D)5 toffee bars and 2 bags of cashews
• E)6 toffee bars and 1 bag of cashews

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Definitions:

System Nervousness

Frequent changes in an MRP system.

MRP System

Material Requirements Planning (MRP) System is a production planning, scheduling, and inventory control system used to manage manufacturing processes.

Time Fences

Defined periods within a planning horizon during which changes to the schedule can be made with varying degrees of difficulty or restriction.