The theoretical limit on the number of decision variables that can be handled by the simplex method is 50
Indicate whether this statement is true or false.
Answer: FALSE
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Which of the following statements is true regarding Russia and other former soviet bloc countries?
A) The retailing scene in these countries looks much like that of the United States. B) These countries have high quality distribution structure. C) The retail markets in these countries are extremely fragmented. D) In these countries, a significant amount of purchasing is done on the black market.
The target return figure is zero for an organization that sets a price level that will just recover costs.
Answer the following statement true (T) or false (F)
Rients Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. Fixed Element per MonthVariable Element per Customer ServedActual Total for OctoberRevenue $4,100$182,900Employee salaries and wages$42,300 $1,300$98,800Travel expenses $700$30,500Other expenses$31,500 $31,900?When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October.?The spending variance for "Travel expenses" for October would have been closest to:
A. $3,200 U B. $300 U C. $3,200 F D. $300 F
The standard approach to making decisions on a project is to clearly and consistently vest decision making authority in the project manager
Indicate whether the statement is true or false