Let M Be the Number of Units to Make and B

question 23

Multiple Choice

Let M be the number of units to make and B be the number of units to buy. If it costs $2 to make a unit and $3 to buy a unit and 4000 units are needed, the objective function is

• A) Max 2M + 3B
• B) Min 4000 (M + B)
• C) Max 8000M + 12000B
• D) Min 2M + 3B

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Definitions:

Categorical Variables

Variables that represent types or categories, where the data can be divided into groups with no inherent numerical ordering.

Percent Frequency

The percentage of times a specific value or range of values occurs within a dataset.

Genetic Differences

Variations in the DNA sequences among individuals or populations, which contribute to the biological diversity and hereditary traits.

Environmental Differences

Environmental differences refer to the variation in physical, social, and cultural settings that affect individuals and communities differently.