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For this optimal simplex tableau, the right-hand sides for the two original ≥ constraints were 300 and 250. The problem was a minimization.
a.
What would the new solution be if the right-hand side value in the first constraint had been 325?
b.
What would the new solution be if the right-hand side value for the second constraint had been 220?
Activity Pool
A way to assign costs in cost accounting, grouping all the cost inputs associated with a specific activity.
Estimated Activity Base
A projection of the level or volume of activity used in activity-based costing for allocating indirect costs.
ABC Product Costing System
Activity-Based Costing (ABC) is a method that assigns overhead and indirect costs to related products and services based on the activities that drive costs.
Cost Improvement Opportunities
Areas identified within a business process or operation where reductions in cost can be made without compromising the quality or performance of the product or service.
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