A Maximizing Linear Programming Problem Has Two Constraints: 2X

question 14

Multiple Choice

A maximizing linear programming problem has two constraints: 2X + 4Y ≤ 100 and 3X + 10Y ≤ 210, in addition to constraints stating that both X and Y must be nonnegative. What are the corner points of the feasible region of this problem?

• A) (0, 0), (50, 0), (0, 21), and (20, 15)
• B) (0, 0), (70, 0), (25, 0), and (15, 20)
• C) (20, 15)
• D) (0, 0), (0, 100), and (210, 0)
• E) (0, 0), (0, 25), (50, 0), (0, 21), and (70, 0)

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Definitions:

Decimal Place

The position of a number to the right of the decimal point, used to represent fractions of a whole in decimal notation.

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods to identify trends and growth patterns.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.

Balance Sheet Data

The information presented on a balance sheet, which includes assets, liabilities, and shareholders' equity at a specific point in time.