European union rejected the adoption of the euro

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Reference no: EM132170796

1. Which of the following members of the European Union rejected the adoption of the euro when it was put to a vote by the people?

a. Germany

b. Sweden

c. France

d. None of the countries rejected the euro by popular vote, although some countries did not meet the criteria required for them to join.

2. The production planner for a private label soft drink maker is planning the production of two soft drinks: root beer (R) and sassafras soda (S). Two resources are constrained: production time (T), of which she has at most 12 hours per day; and carbonated water (W), of which she can get at most 1500 gallons per day. A case of root beer requires 2 minutes of time and 5 gallons of water to produce, while a case of sassafras soda requires 3 minutes of time and 5 gallons of water. Profits for the root beer are $6.00 per case, and profits for the sassafras soda are $4.00 per case.

 Which of the following is not a feasible production combination?

A. 0 R & 240 S

B. 0 R & 0 S

C. 180 R & 120 S

D. 180 R & 240 S

E. 300 R & 0 S

3. The production planner for a private label soft drink maker is planning the production of two soft drinks: root beer (R) and sassafras soda (S). Two resources are constrained: production time (T), of which she has at most 12 hours per day; and carbonated water (W), of which she can get at most 1500 gallons per day. A case of root beer requires 2 minutes of time and 5 gallons of water to produce, while a case of sassafras soda requires 3 minutes of time and 5 gallons of water. Profits for the root beer are $6.00 per case, and profits for the sassafras soda are $4.00 per case.

What are optimal daily profits?

A. $960

B. $1,800

C. $2,520

D. $1,900

E. $1,560

Reference no: EM132170796

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