The Book Value of an Old Machine That Is No

question 115

Multiple Choice

The book value of an old machine that is no longer in use is:

• A)relevant because it is a current cost.
• B)irrelevant because it is a past,or sunk cost.
• C)the original cost plus accumulated depreciation.
• D)the original cost multiplied by accumulated depreciation.
• E)the original cost divided by accumulated depreciation.

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Definitions:

Objective Function

An objective function is a mathematical formula that represents the goal of a decision-making problem, often involving the maximization or minimization of some quantity.

Constraints

Limitations or restrictions that affect the performance or outcomes of a process or system.

Feasible Region

In optimization problems, the set of all possible points that satisfy the problem’s constraints.

Optimal Product Mix

The combination of products that maximizes profit or utility under specific constraints and market conditions.