Certified Production & Operations Manager (POM) Practice Exam

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What is the result of a manager using the equation Yt = 40,000 + 150t for July if t = 0 in April?

40450
42100
40600
42250

The correct answer is: 40450

To find the result of the equation Yt = 40,000 + 150t for July, you need to determine the value of t for July if t = 0 is defined as April. This means you must calculate the time increments from April to July. From April to July, there are three months: May (t=1), June (t=2), and July (t=3). Therefore, for July, t will be equal to 3. Now, substituting t = 3 into the equation: Yt = 40,000 + 150(3) Yt = 40,000 + 450 Yt = 40,450 This calculation confirms that the correct result for July, when t = 3, is 40,450. This aligns with the answer. The figure of 40,450 is obtained by considering the base amount of 40,000 and adding 150 multiplied by the number of months from April to July, indicating the increase based on time.