Statistics
Linear Programming
Geometry Facts
Keeping Money Records
Break-Even Point
100
The branch of statistics that is used to summarize the main features of a collection of data is
Descriptive Statistics
100
is the intersection of the inequalities in the system.
feasible solution region
100
lines that intersect at only one point
intersecting lines
100
is when there are more payments than receipts.
deficit
100
This type of costs increase with the number of items produced
Variable cost
200
is found by dividing the sum of all the values by the number of values.
Mean
200
a company cannot sell or produce a negative number of items.
Non-negativity
200
what is the coordinate for point B
(-3,2)
200
The keeping of money records
Accountings
200
The point at which you stop losing money
Break even point
300
is the entire group of interest
population
300
a problem that uses a system of inequalities to maximize or minimize a function.
Linear Programming
300
what is the coordinate for point D
(6,-3)
300
is when there are more receipts than payments.
excess
300
Costs that remain the same no matter how many items are produced
Fixed costs
400
sample group with two modes is said to be
bimodal
400
a function that must be maximized to solve the problem.
Objective Function
400
lines that are equidistant apart at all points and do not intersect.
Parallel lines
400
Money or property that has any worth to your business.
assets
400
The break even point cannot must be a whole number because
it is a number of products
500
variable shows information that cannot be described by using numbers.
qualitative
500
the limiting factor
constraint
500
The coordinates receive this name because the order is important.
ordered pair
500
The amount you owe the department store.
liability
500
Which are the two ways to find the Break-even point
by graphing or by using the formula