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QUESTION 15 A manager is interested in deciding production quantities for products A, B, and C. He has an inventory of 20 tons each of raw materials 1, 2, 3, and 4 that are used in the production of products A, B, and C. He can further assume that he can sell all of what he makes. Given this information, which of the following statements is correct? 1. The manager has four decision variables. 2. The manager has three decision variables. 3. The manager has three constraints. 4. The manager's objective function is to maximize costs. QUESTION 16 A company makes three products that have the following characteristics: Product A sells for $75 but needs $50 of materials to produce. It requires 4 minutes on the bottleneck Product B sells for $90 but ne Product Csells for $110 but needs $70 of materials to produce. It requires 10 minutes on the bottleneck. $40 of materials to produce. It also requires 10 minutes on the bottleneck. In what sequence should products be scheduled for production using the bottleneck method? 1.B.CA 2.C.BA 3.A, ELC 4ACB QUESTION 17 The fifth step in Theory of Constraints application, do not let inertia set in,' means that you should 1. repeat the 5-step process, starting with identifying the new bottleneck. 2. schedule non bottleneck resources to support the bottleneck 3.create a schedule that takes advantage of maximizing the throughput at the bottleneck. 4. Increase capacity of the bottleneck