1. A decision problem has the following three constraints: 8X + 42Y <= 336; 5X + 24Y= 120; and 4X - Y <= 3.4166665 . The objective function is Min 3X + 41Y . The objective function value is :

a.193.91667

b.387.83334

c.0

d.infeasible

e. unbounded

2. Determine which delivery alternative would be most economical for 80 boxes of parts. Each box costs $365 and the annual holding cost is 30% of the cost. Assume 365 days per year.

Alternatives	Freight cost for all 80 boxes
Overnight	$300
Eight-day	$ 132

Select one:

a.All the choices are incorrect

b.Both options are equally economical

c.Overnight option is at least $20 cheaper than eight-day

d.The eight-day option is at least $20 cheaper than overnight

Clear my choice