Which constraint best describes the situation with decision variables A and B?
The $75 per credit hour course fee tacked on to all the MBA classes has generated a windfall of $56,250 in its first semester. "Now we just need to make sure we spend it all," the Assistant Dean cackled. She charged the Graduate Curriculum Committee with generating a shopping list before their next meeting. Four months later, the chairman of the committee distributed the following. As the professor for the quantitative modeling course, he tended to think in terms of decision variables, so he added the left-most column for ease of use.
Decision Variable Item Cost Note
A iPads for everybody $750/unit Must get a cover if these are purchased
B iPad covers with MBA logo $25/unit Not needed unless we buy iPads
C Speaker series $15,000 Can't afford both this and the iPads
D Subscriptions to the Wall Street Journal $10/unit Don't need if we have the electronic version
E Subscriptions to the electronic version of the Wall Street Journal $5/unit Worthless without the iPads
A) B - A ? 0
B) B - A = 0
C) B + A = 1
D) B + A ? 1
Answer: B
You might also like to view...
The scandal about finding horse DNA in frozen beef burgers sold in supermarkets in Ireland became a big issue. However, the fact remains that 60,000 tons of horse meat were sold in Europe in 2012
Other facts about horse meat include all of the following except: A) in Europe, horse meat is available from a variety of suppliers. B) it is legal to produce horse meat in the United States. C) horses are shipped from the United States to Mexico and Canada for slaughter. D) Italy imports 50 million pounds of horse meat annually from Ireland. E) horse meat is lean and high in iron and other nutrients.
Regardless of who rates performance, the rater is likely to be affected by biases that could distort the resulting ratings
Indicate whether the statement is true or false