Manders Manufacturing Corporation Uses the Following Model to Determine an Optimal

question 66

Multiple Choice

Manders Manufacturing Corporation uses the following model to determine an optimal short-term product mix for its two products, metal (M) and scrap metal (S) :
Max Z = $30M + $70S
Where: 3M + 2S ≤ 15
2M + 4S ≤ 18
The above mathematical functions together constitute a(n) :

• A) Simulation model.
• B) Linear programming model.
• C) Economic order quantity model.
• D) Multivariate regression model.
• E) Nonlinear optimization model.

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