The Lagrangian Multiplier Is the __________ for a Constraint in a Nonlinear

question 44

Multiple Choice

The Lagrangian multiplier is the __________ for a constraint in a nonlinear problem.

• A)shadow price
• B)payoff value
• C)reducing gradient
• D)reduced cost

---

Definitions:

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products, calculated before the production period based on an estimation of costs and activity levels.

Machine-Hours

A unit of measure representing the operation of machinery over time, typically used for allocating manufacturing overhead costs.

Predetermined Overhead Rate

A rate calculated at the beginning of a period for allocating estimated overhead costs to cost objects based on a chosen activity base.

Machine-Hours

This refers to the total number of hours that machinery is in operation, used as a basis for allocating manufacturing overhead to products.