Question: FILL IN THE BLANK(S) QUESTIONS 1) A typical function might be written as Z = 3X + 3Y. 2) A(an) is an equation or an

FILL IN THE BLANK(S) QUESTIONS 1) A typical

FILL IN THE BLANK(S) QUESTIONS 1) A typical function might be written as Z = 3X + 3Y. 2) A(an) is an equation or an inequality that expresses a resource restriction in a mathematical model. 3) The construction involves determining the functional relationship between variables, parameters, and equations. 4) The model step of the management science process can either be a recommended decision or information that helps a manager make a decision. 5) A(an) variable is the amount by which the left side of as constraint is smaller than the right side. 6) The indicator that results in total revenues being equal to total cost is called the point. 7) The components of break-even analysis are cost and profit. 8) The purpose of break-even analysis is to determine the number of units of a product to sell that will result in profit. 9) Variable cost does not include staff and management 10) If the price increases, but fixed and variable costs do not change, the break- even point 11) The term analysis refers to testing how a problem solution reacts to changes in one or more of the model parameters. 12) Linear mathematical programming techniques assume that all parameters in the models are known with

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