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BSOP209 Quiz 6 - GradeforArthurStone:Week6Quiz...

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Grade for Arthur Stone: Week 6 Quiz  Numeric grade: 68/70  Letter grade:   Comments: (none)  < Close Window  
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Autograde Summary Date Taken: 6/4/2010 6:04:17 PM Time Spent: 1:46:08  (2:00 allowed)  Points Received: 68 / 70  (97.1%) These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.  Question Type: # Questions: # Correct: Multiple choice 5 5 Essay 2 N/A Grade Details  1. Question: (TCO 12) A firm makes two products, Y and Z. Each unit of Y costs $10 and sells for $40. Each unit of Z  costs $5 and sells for $25. If the firm's goal were to maximize sales revenue, the appropriate objective  function would be   Your Answer:          maximize $40Y =  $25Z              maximize $40Y +  $25Z     CORRECT          maximize $30Y +  $20Z              maximize 0.25Y +  0.20Z              none of the above       Instructor Explanation: (Module D Formulating linear programming problems)   Points Received: 2 of 2   2. Question: (TCO 13) The first step, and a key element, in the decision-making process is to   Your Answer:                                             
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