The Optimal Solution to an LP Problem Was $X _ { 1 }$

question 49

True/False

The optimal solution to an LP problem was $X _ { 1 }$
3.69 and $X _ { 2 }$
1.21.If $X _ { 1 }$
and $X _ { 2 }$
were restricted to be integers,then $X _ { 1 }$
= 4 and $X _ { 2 } =$
1 will be a feasible solution,but not necessarily an optimal solution to the IP problem.

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Definitions:

Material Amount

Refers to a sum or quantity of materials that is considered significant or substantial in size or value.

Underapplied Overhead

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

Factory Overhead

All indirect costs associated with manufacturing, including utilities, maintenance, and salaries of administrative personnel within a factory, but not directly tied to specific units of production.

Overcosted

A situation where the allocated cost of a product or service is greater than the actual cost incurred, leading to potential mispricing or profit loss.