Which of the following statements is (are) true with regard to the use of technology in risk management programs?
I. Risk management Intranets are networks intended for an internal audience.
II. Risk management information systems can be used to store and track workers compensation claims data.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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The equation for finding the breakeven point may be written as
a. S – VC – FC = 0. b. VC – FC = S. c. S + FC = VC. d. S + VC + FC = 0.
One of the four basic mediation strategies is ________, where mediators have high concern for aspirations, low perception of common ground, and involves mediator application of rewards and inducements to entice the parties into making concessions and agreements.
Fill in the blank(s) with the appropriate word(s).
Compared to blending and product mix problems, transportation problems are unique because:
A) they maximize profit. B) the constraints are all equality constraints with no "?" or "?" constraints. C) they contain fewer variables. D) the solution values are always integers.
A school is trying to determine a nutritional diet to feed its students. The school would like to offer some combination of milk and beans. The school’s objective is to minimize cost, subject to meeting the minimum nutritional requirements of protein, calcium, and calories. The cost and nutritional content of each food, along with the minimum nutritional requirements are shown here.
At the optimum solution, what is the total number of units of protein included in the diet?
a. 30
b. 40
c. 51
d. 18