The logistics/operations manager of a mail order house purchases two products for resale: King Beds (K) and Queen Beds (Q). Each King Bed costs $500 and requires 100 cubic feet of storage space, and each Queen Bed costs $300 and requires 90 cubic feet of storage space. The manager has $75,000 to invest in beds this week, and her warehouse has 18,000 cubic feet available for storage. Profit for each King Bed is $300, and for each Queen Bed is $150. What is the objective function?Multiple ChoiceZ = $150K + $300QZ = $500K + $300QZ = $300K + $500QZ = $300K + $150QZ = $100K + $90Q

The logistics/operations manager of a mail order house purchases two products for resale: King Beds (K) and Queen Beds (Q). Each King Bed costs $500 and requires 100 cubic feet of storage space, and each Queen Bed costs $300 and requires 90 cubic feet of storage space. The manager has $75,000 to invest in beds this week, and her warehouse has 18,000 cubic feet available for storage. Profit for each King Bed is $300, and for each Queen Bed is $150. Which of the following is not a feasible purchase combination?Multiple Choice0 King Beds and 0 Queen Beds150 King Beds and 0 Queen Beds0 King Beds and 250 Queen Beds90 King Beds and 100 Queen Beds0 King Beds and 200 Queen Beds

What is the formula for the objective function based on the following: Profit per unit for type 1 is $70 and profit per unit for type 2 is $55. We want to maximize profit.Multiple Choice70x1 – 55x270x1 + 55x270x1 ÷ 55x270x1 ≥ 55x2

What is the optimal objective function value for this problem?Variable CellsCellNameFinal ValueReduced CostObjective CoefficientAllowable IncreaseAllowable Decrease$B$6Activity 130302317$C$6Activity 260405010$D$6Activity 30–72071E+30 ConstraintsCellNameFinal ValueShadow PriceConstraint R.H. SideAllowable IncreaseAllowable Decrease$E$2Resource A207.78201012.5$E$3Resource B306305010$E$4Resource C180401E+3022 Group of answer choices$240$330It cannot be determined from the given information.$7.78$90

Modelling a fixed cost problem as an integer linear program requiresGroup of answer choicesadding the fixed costs in the objective function.using 0-1 variables.using multiple-choice constraints.using LP Relaxation.

Multiple Choice QuestionA firm's manager is given the following information: To sell 4 units of output, a price of $132 must be charged; this level of output reflects marginal revenue of $102 and marginal costs of $60. If the firm wants to sell 5 units of output, a price of $122 must be charged; this reflects marginal revenue of $82 and marginal costs of $70. To sell 6 units of output, a price of $112 must be charged; at this level of output, marginal revenue will be $62 and marginal costs $80. What should the manager do?Multiple choice question.Produce 4 units of output and charge $132.Produce an amount greater than 6 units.Produce 6 units of output and charge $112.Produce an amount less than 4 units.Produce 5 units of output and charge $122.