Question: Consider Bosch Company problem statement. For each statement below, determine whether the statement is a decision variable or not. Cost of production for each power

Consider Bosch Company problem statement. For each statement below, determine whether the statement is a decision variable or not. Cost of production for each power tool No, it is not Number of hours required to produce each power tool No, it is not Production amount of each power tool Yes, it is. Quantity required for the order No, it is not Purchasing price from the competitor No, it is not Yes, it is. Purchasing amount of each power tool from the competitor No, it is not Production capacity for power tool Question 2 6 pts Consider Bosch Company problem statement. For each statement below, determine whether the statement is an objective or not. Minimizing production cost Yes, it is Maximizing production capacity No, it is not Maximizing revenue of the firm No, it is not Maximizing the total amount of products No, it is not. Maximizing the utilization of production No, it is not Minimizing the total cost Yes, it is Maximizing number of unit produced No, it is not Minimizing purchasing cost Yes, it is Question 3 Consider Bosch Company problem statement For each statement below.determine whether the statement is a constrator not Production cod Noint Production department Coacity Yes, it is Purchasing om No it is not Assembly department capacity Yes, it is Total production and purchasing amount for each product Withs. Minimum production amount for each product Nit is not Minimum purchasing amount from the competitor for ct v No, it is not Consider Bosch Company problem statement. For each statement below, determine whether the statement is a decision variable or not. Cost of production for each power tool No, it is not Number of hours required to produce each power tool No, it is not Production amount of each power tool Yes, it is. Quantity required for the order No, it is not Purchasing price from the competitor No, it is not Yes, it is. Purchasing amount of each power tool from the competitor No, it is not Production capacity for power tool Question 2 6 pts Consider Bosch Company problem statement. For each statement below, determine whether the statement is an objective or not. Minimizing production cost Yes, it is Maximizing production capacity No, it is not Maximizing revenue of the firm No, it is not Maximizing the total amount of products No, it is not. Maximizing the utilization of production No, it is not Minimizing the total cost Yes, it is Maximizing number of unit produced No, it is not Minimizing purchasing cost Yes, it is Question 3 Consider Bosch Company problem statement For each statement below.determine whether the statement is a constrator not Production cod Noint Production department Coacity Yes, it is Purchasing om No it is not Assembly department capacity Yes, it is Total production and purchasing amount for each product Withs. Minimum production amount for each product Nit is not Minimum purchasing amount from the competitor for ct v No, it is not

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