Use the Simplex Method to Maximize $2 x + 9 y = p$

question 161

Multiple Choice

Use the simplex method to maximize $2 x + 9 y = p$ , subject to the following. $$\left\{ \begin{array} { c } 2 x + y \leq 16 \\x + 2 y \leq 8 \\x \geq 0 , y \geq 0\end{array} \right\}$$

• A) \(p = 110\)
• B) \(p = 144\)
• C) \(p = 36\)
• D) \(p = 120\)
• E) \(p = 72\)

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Definitions:

Translating

The process of converting the financial statements of foreign subsidiaries into the parent company's reporting currency.

Temporal Method

A method of foreign currency translation that uses exchange rates based on the timing of the actual transactions.

Functional Currency

The primary currency used by a business entity in its financial statements, reflecting the economic environment in which it operates.

Financial Statements

Financial statements are formal records of the financial activities and position of a business, person, or other entity, providing an overview of a company's financial condition.