The Lagrange multiplier at the optimum gives only the instantaneous rate of change in the objective value

A bottom-up approach to the development of organizational policies is driven by:

A. A review of corporate goals and objectives. B. A structured approach that maps policy objectives to corporate strategy. C. A risk assessment of asset vulnerabilities. D. A business impact analysis of known threats.

Location A would result in annual fixed costs of $300,000 and variable costs of $55 per unit. Annual fixed costs at Location B are $600,000 with variable costs of $32 per unit. Sales volume is estimated to be 30,000 units per year

Which location has the lower cost at this volume? How large is its cost advantage? At what volume are the two facilities equal in cost?