Let P_ij = the Production of Product I in Period

question 46

Multiple Choice

Let P_ij = the production of product i in period j. To specify that production of product 1 in period 3 and in period 4 differs by no more than 100 units,

• A) P₁₃ − P₁₄ ≤ 100; P₁₄ − P₁₃ ≤ 100
• B) P₁₃ − P₁₄ ≤ 100; P₁₃ − P₁₄ ≥ 100
• C) P₁₃ − P₁₄ ≤ 100; P₁₄ − P₁₃ ≥ 100
• D) P₁₃ − P₁₄ ≥ 100; P₁₄ − P₁₃ ≥ 100

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Definitions:

Partnership

An unincorporated business form consisting of two or more persons conducting business as co-owners for profit.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has its own rights, privileges, and liabilities independent of its shareholders.

American Red Cross

A humanitarian organization that provides emergency assistance, disaster relief, and education inside the United States.

Accounting Records

Documents and books that keep track of all financial transactions of an entity.