Use Graphical Methods to Solve the Linear Programming Problem

question 18

Multiple Choice

Use graphical methods to solve the linear programming problem.
-The Old-World Class Ring Company designs and sells two types of rings: the BRASS and the GOLD.They can produce up to 24 rings each day using up to 60 total man-hours of labor.It takes 3 man-hours to make one BRASS ring and 2 man-hours to make one GOLD ring.How many of each type of ring should be made daily to maximize the company's profit,if the profit on a BRASS ring is $40 and on an GOLD ring is $30?

• A)14 BRASS and 10 GOLD
• B)12 BRASS and 12 GOLD
• C)14 BRASS and 14 GOLD
• D)10 BRASS and 14 GOLD

Understand the concept of performance appraisal systems and their significance in organizational feedback mechanisms.

Comprehend the role of individual differences in job design preferences and performance outcomes.

Understand the basic concepts of organizational structure and its impact on organizational behavior and effectiveness.

Identify and describe the main characteristics of different organizational forms such as bureaucracy, adhocracy, and professional bureaucracy.

---

Definitions:

Adjusted Basis

The original cost of an asset adjusted for factors such as depreciation or improvements, used to calculate capital gains or losses for tax purposes.

Straight-line Depreciation

A method of calculating the depreciation of an asset evenly over its useful life.

Single Category Average Cost Method

A method for calculating the cost basis of mutual funds, ETFs, or stocks for tax purposes, where all shares are considered to have the same average cost.

Long-term Loss

A loss realized on the sale or exchange of a capital asset held for more than one year.