Using the Graphic Approach to Linear Programming, the Solution Is

question 2

Multiple Choice

Using the graphic approach to linear programming, the solution is usually

• A)a corner point where two or more constraints intersect.
• B)where the lines intersect farthest from zero.
• C)the point farthest from the Y-axis.
• D)the point farthest from the X-axis.

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Definitions:

Variable Costing

A cost accounting method that only includes variable production costs in the cost of goods sold, excluding fixed manufacturing overhead.

Net Operating Income

A measure of a company's profitability, calculated as the difference between its total revenue and its total operating expenses, excluding taxes and interest.

For The Month

A time-based reference indicating that an action, report, or measurement pertains to the duration of a specific month.

Variable Costing

An accounting method that includes only variable production costs in the cost of goods sold and treats fixed production costs as period expenses.