State University's College of Business is divided into three departments, accounting, marketing, and management. Relevant information for each department is provided below:

Cost DriverAccountingMarketingManagementNumber of students706406206Number of classes per semester382420Number of faculty16188

The Dean of the College of Business is trying to assign funds from the operating budget to the three departments. Assuming that the chair of each department is trying to attain the highest funding possible for his/her department, which of the following most accurately describes the allocation base that each chair will favor?

Multiple Choice

• The chair of the Management department will want to use the number of classes while the chair of the Marketing department will prefer the number of faculty.
• The chair of the Accounting department and the chair of the Management department will want to use the number of faculty.
• The chair of the Marketing department will want to use number of students, while the chair of the Accounting department will want to use number of classes per semester.
• The chair of the Accounting department will want to use number of students while the chair of the Management department will want to use number of faculty.

Please provide answer with explanation