A facility produces two products and wants to maximize profit. The objective function to maximize is z=350x₁+300x₂. The number 350 means that: A) one unit of product 1 contributes $350 to the objective function B) one unit of product 1 contributes $300 to the objective function C) the problem is unbounded D) the problem has no constraints

Question

Quizplus · Accepted Answer

The coefficient 350 represents the contribution of one unit of product 1 (S1U1B1) to the objective function. Therefore, choice A is correct. Choice B is incorrect because 300 is the coefficient for the second product in the objective function. Choice C is irrelevant because the information given does not imply an unbounded problem. Choice D is incorrect because the problem is stated to have an objective function to maximize, which indicates constraints are present.

A Facility Produces Two Products and Wants to Maximize Profit