Suppose That the Cost of Producing X Units at Plant

question 99

Multiple Choice

Suppose that the cost of producing x units at plant X is dollars and that the cost of producing y units of the same product at plant Y is dollars. If the firm that owns the plants has an order for 240 units, how many should it produce at each plant to fill this order and minimize its cost of production? ​

• A)The production of 96 units at plant X and 144 units at plant Y minimizes the production costs.
• B)The production of 144 units at plant X and 96 units at plant Y minimizes the production costs.
• C)The production of 86 units at plant X and 154 units at plant Y minimizes the production costs.
• D)The production of 111 units at plant X and 129 units at plant Y minimizes the production costs.
• E)The production of 154 units at plant X and 86 units at plant Y minimizes the production costs.

Understand the difference between goals and objectives.

Identify components of a marketing plan and their interrelations.

Recognize the importance of a market orientation and its impact on organizational roles.

Understand the significance of a mission statement and how it guides organizational activities.

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Definitions:

Memorized Sales Presentation

A sales presentation that is thoroughly learned by heart, allowing the salesperson to deliver it from memory with confidence and precision.

Little Talking

The practice of minimal verbal communication, focusing instead on brevity and directness in conversation or negotiation.

Benefits Unimportant

A perspective or situation where the advantages or positive outcomes of a product or service are undervalued or ignored by the customer or client.

Memorized Sales Presentation

A method of selling in which the sales pitch is precisely scripted for the salesperson.