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Author Question: In a production application involving a fixed setup cost and a variable cost, the use of ___________ ... (Read 157 times)

skymedlock

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on: Jun 24, 2018
In a production application involving a fixed setup cost and a variable cost, the use of ___________ makes including the setup cost possible in a production model.
 a. location variables
  b. noninteger constraints
  c. objective function coefficients
  d. binary variables

Question 2

It is impossible to construct a sampling frame for an __________ population
 Fill in the blank(s) with correct word


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connor417

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Reply #1 on: Jun 24, 2018
Answer to Question 1

d
RATIONALE: In a production application involving a fixed cost and a variable cost, the use of binary variables makes including the setup cost possible in a production model.

Answer to Question 2

infinite
RATIONALE: A sampling frame is a list of the elements from which the sample will be selected.


skymedlock

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

kusterl

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Reply 3 on: Yesterday
Excellent

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