How Can the Following Linear Program Be Characterized

question 124

Multiple Choice

How can the following Linear Program be characterized?
Max X + Y
Subject to
X ≤ 34
X, Y ≥ 0

• A) bounded and feasible
• B) unbounded and feasible
• C) bounded and infeasible
• D) unbounded and infeasible
• E) this is not a Linear Program

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Definitions:

Purchases and Sales

This involves transactions related to buying (purchases) and selling (sales) goods or services, critical to determining a business's revenue and inventory levels.

LIFO Perpetual

A perpetual inventory system method that assumes the last items added to inventory are the first ones sold, under the Last-In, First-Out principle.

Inventory Value

The total cost of all the items held by a company for resale or production purposes, calculated at a specific point in time.

Cost of $200

A set expense value amounting to two hundred dollars.