Question: QUESTION 24 3 pc A firm makes two products, A and B. Each unit of A costs $10 and sells for $30. Each unit of

QUESTION 24 3 pc A firm makes two products, A and B. Each unit of A costs $10 and sells for $30. Each unit of B costs $5 and sells for $20. If the firm's goal were to maximize profit, what would be the appropriate objective function? Maximize profit = $40A - $25B Maximize profit = $40A + $25B Maximize profit = $20A +$15B Maximize profit = 0.25A +0.20B Maximize profit - $50(A + B) QUESTION 25 3 points Which of the following statements regarding "Six Sigma" is TRUE? The term has two distinct meanings one is statistical; the other is a comprehensive quality system. Six Sigma means that about 94 percent of a firm's output is free of defects. The Six Sigma program was developed by Toyota in the 1970s. The Six Sigma program is for manufacturing firms and is not applicable to services. Six Sigma certification is granted by the International Standards Organization (ISO). QUESTION 27 3 points Suppose that the allowance factor for a job is 0.05, and the normal time is 5 hours. What is the standard time, rounded to the nearest tenth of an hour? 5.6 hours 5.5 hours 5.3 hours 4.8 hours 4.5 hours

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