Table 66 -Refer to Table 6

question 74

Multiple Choice

Table 6.6
$$\begin{array} { | c | c | c | } \hline{ \text { Quantity } } & { \text { Total Utility } } \\& \text { Games of Billiards } & \text { Games of Bowling } \\\hline 0 & 0 & 0 \\\hline 1 & 100 & 70 \\\hline 2 & 180 & 130 \\\hline 3 & 240 & 180 \\\hline 4 & 272 & 210 \\\hline 5 & 288 & 218 \\\hline 6 & 292 & 222 \\\hline\end{array}$$
-Refer to Table 6.6,which shows John's total utility derived from billiards and bowling games.Assume John has $30 to spend on a game of billiards and/or a game of bowling.A game of billiards costs him $4,and a game of bowling costs him $2.Which of the following is John's utility-maximizing combination of the games of billiards and the games of bowling?

• A)four games of billiards and four games of bowling
• B)five games of billiards and two games of bowling
• C)three games of billiards and eight games of bowling
• D)five games of billiards and five games of bowling
• E)twelve games of bowling

Recognize the legal and operational definitions relevant to materials management, such as purchase orders and contracts.

Understand the sourcing and procurement functions within an organization.

Know the impact of managing inventory and logistics on customer satisfaction.

Distinguish the roles and responsibilities of purchasing managers, including supplier selection and performance management.

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Definitions:

Industrial Oxidizing

The use of oxidizing agents in industrial processes, often for cleaning, disinfecting, or chemical reactions.

Acid Base

Refers to concepts in chemistry dealing with the acidity or alkalinity of substances, crucial in physiological processes and industrial applications.

Sodium Hydroxide

A highly caustic compound, also known as lye, used in many industrial and chemical processes.

Lye

A strong alkaline solution, often sodium or potassium hydroxide, used in cleaning, soap making, and food preparation.