A Novice Linear Programmer Is Dealing with a Three-Decision-Variable Problem

question 18

Multiple Choice

A novice linear programmer is dealing with a three-decision-variable problem. To compare the attractiveness of various feasible decision-variable combinations, values of the objective function at corners are calculated. This is an example of

• A)empiritation.
• B)explicitation.
• C)evaluation.
• D)enumeration.
• E)elicitation.

---

Definitions:

Job-Order Costing

A costing method used to calculate the cost of producing each specific order or job, making it suited for custom, one-off products.

Work In Process

Inventory that includes goods that are in the production process but are not yet completed.

Schedule Of Cost Of Goods Manufactured

A schedule that contains three elements of product costs—direct materials, direct labor, and manufacturing overhead—and that summarizes the portions of those costs that remain in ending Work in Process inventory and that are transferred out of Work in Process into Finished Goods.

Direct Materials Cost

The cost of raw materials that are directly traceable to the production of a specific product or service.