If a Company Produces Two Products,1 and 2,represented by X₁

question 2

Multiple Choice

If a company produces two products,1 and 2,represented by x₁ and x₂ ,and the profit from product 1 is $100 and the profit from product 2 is $50,and the material required to produce one unit of product 1 is 4 lbs.and the labor required to produce one unit of product 2 is 6 lbs.and there are 500 hours of labor available that can be used,the linear programming constraint for material is

• A)100x₁ + 50x₂ <= 500
• B)4x₁ + 6x₂ = 500
• C)4x₁ + 6x₂ >= 500
• D)4x₁ + 6x₂ <= 500

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Definitions:

Average Cost

A calculation that divides the total cost of goods available for sale by the total number of units available for sale, determining the cost per unit.

Exchange Rates

The rate at which one currency can be exchanged for another, dictating how much of one currency you can get for a unit of another currency.

Foreign Supplier

A business based in another country that provides goods or services to companies or consumers in a different nation.

Currencies

Different systems of money in use, recognized by various countries or regions for the exchange of goods, services, or debt.