Question: Test Content A company is planning to research and develop 5 products, each product needs research and development (R&D) cost (paid once). Then the company

Test Content A company is planning to researchTest Content A company is planning to research

Test Content A company is planning to research and develop 5 products, each product needs research and development (R&D) cost (paid once). Then the company can profit from selling the new products. Each product produced consumes a certain amount of raw material, the total raw material available in planning period is 200,000 units. The following table has information about the 5 proposed products: Product R&D cost Raw material needs Selling Price Production cost REG3 $3,500,000 2 $139.00 $92.00 REG3+ $4,800,000 3 $160.00 $58.00 TOB $1,500,000 2 $86.00 $65.00 TOB+ $1,800,000 2 $92.00 $66.00 JITB $5,600,000 4 $199.00 $100.00 answer the following questions: Question 1 2 Points This problem is a minimization problem A True B) False Question 2 2 Points The number of Decision variables is equal to 5 A True B) False Question 3 2 Points After solving this problem the value of Z is about $2 Millions A True False Question 4 2 Points The number of binary decision variables is equal to 5 A True B) False Question 5 2 Points We need to use Big M in this problem A True B False

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