Gaussian Elimination Method Quiz Questions with Answers PDF Download - 111

The set of stocks usually in the ownership of investor is considered as

1. row ownership
2. stock ownership
3. portfolio
4. column ownership

According to algebra of simplex method, the slack variables are assigned zero coefficients because

1. no contribution in objective function
2. high contribution in objective function
3. divisor contribution in objective function
4. base contribution in objective function

The non-negative slack variable is added to any less than or equal to constraint of simplex method is treated as

1. negative variable
2. additional variable
3. constrained variable
4. non constrained variable

The raw material cost is $6.5 USD, labor cost $30.0 USD, units sold 2000 and total fixed cost is $30,000 USD then total cost is

1. $103,000
2. $203,000
3. $303,000
4. $403,000

The fixed cost is $100,000 USD, the price per unit is $50 USD and the variable cost per unit is $40 USD then the output level break-even point is

1. 3000 units
2. 10000 units
3. 5000 units
4. 4000 units