Answer:
The objective function is to minimize cost thru use of linear programming
Explanation:
A craftsman named William Barnes builds two kinds of birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse takes 4 hours of labor and 4 units of lumber. Each bluebird house requires 2 hours of labor and 12 units of lumber. The craftsman has available 72 hours of labor and 120 units of lumber. Wren houses yield a profit of $ 10 each and bluebird houses yield a profit of $ 15 each. The aim of the objective function for William should be to ▼ Minimize Maximize the objective value.
The objective function is to minimize cost thru use of linear programming
Answer:
0.31
Explanation:
Given that,
Visa = $ 755
MasterCard = 380
Discover card = 555
Education loan = 3,900
Personal bank loan = 650
Auto loan = 6,000
Total debt (not including mortgage) = $12,240
Net Worth (not including home) = $39,000
Robert's debt-to-equity ratio:
= Total debt ÷ Net worth
= $12,240 ÷ $39,000
= 0.31
Answer:
$1400 U
Explanation:
Total direct materials cost variance = (47,000 actual pounds × $1.20 actual cost per pound) − (50,000 standard pounds × $1.10 per pound) = $1,400 unfavorable
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