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ulaskaeduwebappsWassessmentnakeMaunch.isp?course assessment ida, 140876 18course ide .64922.18content id- 4525369 18step null v Question Completion Status: com put value and 1esults QUESTION 29 With Goal Seek, you specify the values you want O a index points save Oc exchange O d result QUESTION 30 The slack the difference between the value in the cell and the value atthe limitofthe O a result cell 2 points save A O b variable cell Oc risk factor Od constraint QUESTION 31 Case-Based Critical Thinking Questions 2 points Case 10-2 As you begin to work with Solv you have questions so you tam to your co-worker, Aria, who you know an expert inits usage, is Aria explains to you that if you want to use solver to maximize acompany's net income, you first need to understand that an) is a cell that is maximized, minimized, or set to a specific value O b changing cell O c objective cell O d constrant QUESTION 32 2 points save Ans

Explanation / Answer

Question 25:

The three items that you must specify when using Solver are ____.

a. variable, fixed and mixed

b. variable, fixed and cost-based

c. mixed, fixed and mixed

d. asset- based, fixed and mixed

Answer: a. Variable, fixed and mixed

Question 26:

Which of the following expense types can be used in a CVP analysis? ____

a. declining

b. static

c. dynamic

d. variable

Answer: d. variable

Question 27:

In two-variable tables, you must always place a reference to the result cell in the ____ corner of the table at the intersection of the row values and the column values.

a. upper-left

b. upper-right

c.lower-left

d.lower-right

Answer: a. upper-left

Question 28:

The three items that you must specify when using Solver are ____.

a. variable cell, objective cell and constraints

b. variable cell, parameters and constraints

c. target cell, variable cell and parameters

d. target cell, input value and results

Answer: a. variable cell, objective cell and constraints

Question 29:

With Goal Seek, you specify the ____ values you want.

a. index

b. constraint

c. exchange

d. result

Answer: d. result

Question 30:

The slack is the difference between the value in the cell and the value at the limit of the ____.

a. result cell

b. variable cell

c. risk factor

d. constraint

Answer: d. constraint

Question 31

Case- Based Critical Thinking Question

Case 10-2

As you begin to work with Solver, you have questions. So you turn to your co-worker, Aria, who you know is an expert in its usage.

Aria explains to you that if you want to use Solver to maximize a company's net income, you first need to understand that a(n) _______ is a cell that is maximized, minimized, or set to a specific value.

a. grid cell

b. changing cell

c. objective cell

d. constraint

Answer: c. objective cell

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