A Furniture Manufacturing is considering producing 3 new products (tables, chairs, and dressers). The manufacturer should produce at least 2 chairs for each unit of table they produce. Time requirement and available capacity in the departments needed to produce these products is summarized in the following table:   Required time for each product at each department (hour) Product Sawing (hour) Finishing (hour) Assembling (hour) Table 0.25 1 0.5 Chair 0.25 0.5 0.5 Dresser 0.5 1.5 1 Total available time per day (hour) 12 8 8 The sales department estimates that the profit per unit would be $100, $50, and $80, respectively for tables, chairs, and dressers.  They also estimate that the sales potential for dressers is 5 units per day (production of dressers should not exceed this number). An LP model is formulated and solved using Excel Solver for the problem of maximizing the manufacturer’s profit. If x1 is number of tables and x2 is number of chairs, which of the following inequalities ensures that at least two chairs are produced for each unit of table?单项选择题

A

A. 2 x1 ≥ x2

B

B. x1 ≤ 2 x2

C

C. x1 ≥ 2 x2

D

D. 2 x1 ≤ x2

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Hobbins Corporation makes three products that use compound Z, the current constrained resource. Data concerning those products appears below: Info about Products that use Compound Z P Q R Selling price per unit $48 $67 $55 Variable cost per unit $30 $43 $34 Minutes of compound Z per unit 2 5 3 Rank the products in order of profitability from most profitable to least profitable with respect to the constrained resource.

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Qualis Investments is a private limited business that manages personal financial portfolios. The company manages six mutual funds and has a client that has acquired $750,000 from an inheritance. Characteristics of the funds are given in the table below. Qualis Mutual Fund Data Expected Annual Return Risk Measure 1 Qualis Low-priced Stock Fund 7.23% 11.87 2 Qualis Mutilnational Fund 8.42% 12.62 3 Qualis Mid-cap Stock Fund 6.66% 13.72 4 Qualis Mortgage Fund 2.72% 3.37 5 Qualis Income Equity Fund 8.89% 8.4 6 Qualis Balanced 3.50% 6.91 The company recommends that no more than $300,000 be invested in any individual fund, and that at least $80,000 be invested in each of the mid-cap stock and mortgage fund. The total amount invested in the low-priced and multinational funds are at least 35% of the total investment. The client would like an average return of at least 6%. Assume that X1- X6 represent the dollar amounts invested in funds 1 through 6, respectively. Which of the following describes the constraint on the mid-cap fund?

Qualis Investments is a private limited business that manages personal financial portfolios. The company manages six mutual funds and has a client that has acquired $750,000 from an inheritance. Characteristics of the funds are given in the table below. Qualis Mutual Fund Data Expected Annual Return Risk Measure 1 Qualis Low-priced Stock Fund 7.23% 11.87 2 Qualis Mutilnational Fund 8.42% 12.62 3 Qualis Mid-cap Stock Fund 6.66% 13.72 4 Qualis Mortgage Fund 2.72% 3.37 5 Qualis Income Equity Fund 8.89% 8.4 6 Qualis Balanced 3.50% 6.91 The company recommends that no more than $300,000 be invested in any individual fund, and that at least $80,000 be invested in each of the mid-cap stock and mortgage fund. The total amount invested in the low-priced and multinational funds are at least 35% of the total investment. The client would like an average return of at least 6%. Assume that X1- X6 represent the dollar amounts invested in funds 1 through 6, respectively. Which of the following is the constraint for investment in low-priced and multinational funds?

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