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A Company Is Developing Its Weekly Production Plan

question 51

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A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $60 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $21. The company can sell all the units it produces. The data for the problem are summarized below. A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $60 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $21. The company can sell all the units it produces. The data for the problem are summarized below.   ​ What is the appropriate formula to use in cell B15 of the following Excel implementation of the ILP model for this problem?   A)  =B5 − MIN($E$11/B11, $E$11/C11) *B14 B)  =B5 − MIN($E$11/B11, $E$12/B12)  C)  =B5 − $E$12/B12*B14 D)  =B5 − MIN($E$11/B11, $E$12/B12) *B14 ​ What is the appropriate formula to use in cell B15 of the following Excel implementation of the ILP model for this problem? A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $60 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $21. The company can sell all the units it produces. The data for the problem are summarized below.   ​ What is the appropriate formula to use in cell B15 of the following Excel implementation of the ILP model for this problem?   A)  =B5 − MIN($E$11/B11, $E$11/C11) *B14 B)  =B5 − MIN($E$11/B11, $E$12/B12)  C)  =B5 − $E$12/B12*B14 D)  =B5 − MIN($E$11/B11, $E$12/B12) *B14


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Lawsuit

A legal action taken by one party against another in a court of law, often to seek redress or compensation for a perceived wrong.

Donee Beneficiary

An individual or entity named in a contract who stands to benefit from the contract's execution, though not a direct party to the agreement.

Contract

A pact between multiple parties that has the power of law to enforce its terms.

Creditor Beneficiary

A third party that benefits from a contract in which the promisor agrees to pay the promisee's debt to the beneficiary.

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