Gaussian Elimination Method Notes Questions with Answers PDF Download – Test 111

MCQ 551: The set of stocks usually in the ownership of investor is considered as:

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

MCQ 552: 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

MCQ 553: 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

MCQ 554: 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

MCQ 555: 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