0–1 linear programming is a special case of integer programming

a. True
b. False


A

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________ are a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything

A) Liabilities B) Services C) Brands D) Consumer products E) Specialty products

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As production increases, what should happen to the variable costs per unit?

A) Stay the same. B) Increase. C) Decrease. D) Either increase or decrease, depending on the fixed costs.

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______ is a performance measure relating outputs to inputs.

a. Quality b. Productivity c. Value d. Labor cost

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In a draft transaction, if the drawee is a bank, then the draft is referred to as a ________

A. promissory note B. check C. trade acceptance D. certificate of deposit

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