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

Business

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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

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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.

Business