Question 10 The folowing table shows to t Suppose thoro are

Question 10 The folowing table shows to t Suppose thoro are ti00 nformation in the vtiesyoa arpy dong onthe weekend a giuillu you got tw ach hour per on these anetet uto to i table to Hours Activry 1 MU MU Question How will you allocale your time # you have 13 hours to spend on your thrue actviies? O Syor sne eveny between the tree O None of the above not enough intormation in the tabe to tind the optmal alloatio

Solution

Correct option: (d) 3 hours on activity 1, 5 on activity 2 and 4 on activity 3

Reason: Optimal allocation of resources occurs at the point MU of each activity is equal and the sum of allocation lies within the budgeted hours.

Since MU is 56 for activity 1 at 3 hours, activity 2 at 5 hours and activity 3 at 4 hours and there sum lies within budgeted 13 hours, the allocation can be said to be efficient.