Note: This Question Requires Access to Solver $P = 3 x + 15 y$

question 34

Multiple Choice

Note: This question requires access to Solver.
In the following linear programming problem, how much would the firm be willing to pay for an additional 5 units of Resource B?
Maximize $P = 3 x + 15 y$
subject to $\quad 2 x + 4 y \leq 12$ (Resource A)
$5 x + 2 y \leq 10$ (Resource B)
and $\quad x \geq 0 , y \geq 0$ .

• A) Nothing
• B) 11.25
• C) 15
• D) 18.75
• E) It is impossible to determine.

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Definitions:

Deductions

Specific amounts subtracted from gross income to reduce the taxable income, including allowances, expenses, and exemptions.

Voucher Register

A journal that records all vouchers once they are approved, which includes amounts to be paid, to whom, and the accounts affected.

Approved Vouchers

Documents that have been verified and authorized for payment because they accurately reflect the goods or services received.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those presented on a bank statement to ensure accuracy.