A linear programming model has been formulated for two products, X and Y. The objective fu
A.Increase of $96
B.Increase of $56
C.Increase of $16
D.No change
A.Increase of $96
B.Increase of $56
C.Increase of $16
D.No change
A jewellery company makes rings (R) and necklaces (N).
The resources available to the company have been analysed and two constraints have been identified:
Labour time 3R + 2N ≤ 2,400 hours
Machine time 0·5R + 0·4N ≤ 410 hours
The management accountant has used linear programming to determine that R = 500 and N = 400.
Which of the following is/are slack resources?
(1) Labour time available
(2) Machine time available
A.1 only
B.2 only
C.Both 1 and 2
D.Neither 1 nor 2
A.direct
B.indirect
C.linear
D.spiral