Which of the following decision-making tools would NOT be useful in determining the slope and intercept of a mixed cost?
A)linear programming
B)least-squares method
C)high-low method
D)scatter diagrams

Question

Quizplus · Accepted Answer

Linear programming is not a tool used to determine the slope and intercept of a mixed cost. Linear programming is used to optimize a set of linear equations subject to constraints. Least-squares method, high-low method, and scatter diagrams can all be used to determine the slope and intercept of a mixed cost.

Which of the Following Decision-Making Tools Would NOT Be Useful