A Linear Programming Problem Contains a Restriction That Reads "The

question 78

Multiple Choice

A linear programming problem contains a restriction that reads "the quantity of X must be at least three times as large as the quantity of Y." Which of the following inequalities is the proper formulation of this constraint?

• A)3X ≥ Y
• B)X ≤ 3Y
• C)X + Y ≥ 3
• D)X - 3Y ≥ 0
• E)3X ≤ Y

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Definitions:

Manufacturing Overhead

All indirect costs associated with the manufacturing process, including utilities, maintenance, and salaries of managers.

Cost of Goods Sold

The total cost associated with making or acquiring any goods sold during a specific period, including materials and labor.

Overapplied

A situation in cost accounting where the allocated or applied manufacturing overhead costs exceed the actual overhead costs incurred.

Underapplied

A situation where the allocated manufacturing overhead cost is less than the actual overhead incurred.