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Business Mathematics Practice Test 111

Gaussian Elimination Method Quiz PDF: Questions and Answers - 111

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Gaussian Elimination Method Questions and Answers PDF Download: Quiz 111

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

A) row ownership
B) stock ownership
C) portfolio
D) column ownership

MCQ 552: According to algebra of simplex method, the slack variables are assigned zero coefficients because

A) no contribution in objective function
B) high contribution in objective function
C) divisor contribution in objective function
D) 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

A) negative variable
B) additional variable
C) constrained variable
D) 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

A) $103,000
B) $203,000
C) $303,000
D) $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

A) 3000 units
B) 10000 units
C) 5000 units
D) 4000 units

Business Mathematics Exam Prep Tests

Gaussian Elimination Method Learning App & Free Study Apps

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Gaussian Elimination Method App (Android & iOS)

Gaussian Elimination Method App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Mathematics App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)

Human Resource Management (BBA) App (Android & iOS)

Financial Management App (Android & iOS)

Financial Management App (Android & iOS)