Find the complete optimal solution to this linear programming problem. Min 3X + 3Y s.t. 12X + 4Y ? 48 10X + 5Y ? 50 4X + 8Y ? 32 X, Y ? 0
What will be an ideal response?
The complete optimal solution is X = 4, Y = 2, Z = 18, S1 = 8, S2 = 0, S3 = 0
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Currently attainable standards demand maximum efficiency
Indicate whether the statement is true or false
The FASB is concerned with the accurate portrayal of liquidity because users evaluate future cash flows in their decision making practices
Indicate whether the statement is true or false
A buyer failed to take advantage of the vendor's credit terms of 1/10, n/45, but instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the equivalent annual interest lost on the amount of the purchase is:
A. 10.4% B. 10.6% C. 6.6% D. 13.4% E. 9.0%
Answer the following statement(s) true (T) or false (F)
1. Both the formal organization and the informal organization are displayed on the organizational chart. 2. Informal organizations exist in every business. 3. A formal organization is represented in the company’s organization chart. 4. A formal organization is seen as the human side of the company. 5. An organizational chart shows authority, responsibility, whom subordinates report to, and exact communication patterns.