A Marketing Research Application Uses the Variable HD to Represent $\ge$

question 34

Multiple Choice

A marketing research application uses the variable HD to represent the number of homeowners interviewed during the day. The objective function minimizes the cost of interviewing this and other categories and there is a constraint that HD $\ge$ 100. The solution indicates that interviewing another homeowner during the day will increase costs by 10.00. What do you know?

• A)the objective function coefficient of HD is 10.
• B)the dual price for the HD constraint is 10.
• C)the objective function coefficient of HD is -10.
• D)the dual price for the HD constraint is -10.

---

Definitions:

Cost Model

An accounting method where an asset is valued based on the historical cost minus any accumulated depreciation and impairment costs rather than its current market value.

Initial Recognition

refers to the first time an entity records an asset, liability, equity, income, or expense based on its recognition criteria in the accounting records, establishing its inclusion in the financial statements.

Accumulated Depreciation

The total amount of depreciation expense that has been charged against an asset over its life up to a specific date.

Impairment Losses

Losses recognized when the carrying amount of an asset, or a cash-generating unit, exceeds its recoverable amount.