An LP maximization problem with all less-than-or-equal-to constraints and nonnegativity requirements for the decision variables is known as
a. a canonical form for a minimization problem.
b. a canonical form for a maximization problem.
c. always unbounded.
d. None of these are correct.
b. a canonical form for a maximization problem.
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George, a chef and owner of L'Auberge, a popular restaurant, is always visiting his competitors to observe how they are doing things in their restaurants. He told one of his managers, "I eat dinner at a lot of restaurants because I want to know what is going on. I am always concerned that one of our competitors will surprise us with a new service or menu item, like ours but better." In which activity is George engaging?
A. competitive intelligence B. environmental scanning C. TQM D. corporate spying E. management by observation
The ________ is the price of a nation's currency in terms of another currency
A) expropriation B) standard of living C) import quota D) tariff E) foreign exchange rate
Which of the following Kano Model requirements suggests that customer satisfaction is proportional to the level of fulfillment?
A) must-be requirements B) one-dimensional requirements C) attractive requirements D) indifferent requirements
Which of the following countries has a trade deficit?
A. An Asian country that does not engage in trade with other countries B. A European country that has a higher total value of imports than exports C. An African country that produces all products domestically D. A North American country that exports goods but does not import goods