Quantitative Techniques for Questions 33 and 34 are based on the following information. A company produces...
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Quantitative Techniques for Questions 33 and 34 are based on the following information. A company produces two products, X and Y, which use material and labor as inputs. Fixed amounts of labor and material are available for production each month. In addition, the demand for product Y each month is limited; product X has no constraint on the number of units that can be sold. A graphical depiction of these production and demand constraints is on the next page. Units of Product C. d. a. b. 1, 5, 6, and 8. 2 a, b. Material constraint C. d. 5 2, 4, 5, 6, and 8. 3, 5, 6, and 7. 6 33. The feasible solution region is bounded by the lines connecting points 3, 4, 6, and 7. Demand constraint 7 Units of Product X presented Labor constraint 8 (CIA, Adapted) 34. If a series of profit lines for X and Y are drawn on the graph, the mix of X and Y that will result in the maximum profit can be determined from the last point in the feasible solution region touched by a profit line. any point on the boundary of the feasible solution region touched by a profit line. the first point on the feasible solution region boundary that intersects a profit line. any point on the demand constraint that intersects a profit line. (CIA, Adapted) Quantitative Techniques for Questions 33 and 34 are based on the following information. A company produces two products, X and Y, which use material and labor as inputs. Fixed amounts of labor and material are available for production each month. In addition, the demand for product Y each month is limited; product X has no constraint on the number of units that can be sold. A graphical depiction of these production and demand constraints is on the next page. Units of Product C. d. a. b. 1, 5, 6, and 8. 2 a, b. Material constraint C. d. 5 2, 4, 5, 6, and 8. 3, 5, 6, and 7. 6 33. The feasible solution region is bounded by the lines connecting points 3, 4, 6, and 7. Demand constraint 7 Units of Product X presented Labor constraint 8 (CIA, Adapted) 34. If a series of profit lines for X and Y are drawn on the graph, the mix of X and Y that will result in the maximum profit can be determined from the last point in the feasible solution region touched by a profit line. any point on the boundary of the feasible solution region touched by a profit line. the first point on the feasible solution region boundary that intersects a profit line. any point on the demand constraint that intersects a profit line. (CIA, Adapted)
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