The objective function in all goal programming models is to ________ from the goal constraint levels
A) maximize alternatives
B) minimize alternatives
C) minimize deviation
D) maximize deviation
Answer: C
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Which of the following distributions is most often used to estimate service times?
A) negative exponential B) normal C) Poisson D) Erlang E) beta
Mantel Incorporated began producing its new line of dolls at its Connecticut plant in December of year 0. In year 1, it produced 30,000 dolls at a total cost of $385,000
In year 2, its production increased to 80,000 dolls at a total cost of $885,000. Assuming the cost structure was the same for both years, what must be the variable cost (c) and the fixed cost (F) per doll? A) F is less than $80,000, and c is greater than $7. B) F is greater than $60,000, and c is less than $5. C) F is less than $100,000, and c is greater than $9. D) F is greater than $110,000, and c is less than $6.