As we are doing the ratio calculations for a simplex iteration, if there is a tie for the smallest ratio, the problem is degenerate

Indicate whether the statement is true or false


TRUE

Business

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Analysis of a PERT problem shows the estimated time for the critical path to be 108 days with a variance of 64. There is a .90 probability that the project will be completed before approximately day:

A) 98. B) 108. C) 109. D) 115. E) 118.

Business

Your firm has expertise with a special type of hand-finished furniture. The learning curve is known to be 82%. If the first piece of furniture took 6 hours, use the formula approach to determine how long it will take to make the third unit

What will be an ideal response?

Business

Techno Talent & Personnel, Inc, is a corporation. Techno Talent's implied powers enable it to A) none of the choices

B) depart significantly from traditional corporate formalities. C) bind the corporation to an action that will greatly affect its purpose. D) borrow funds and lend funds.

Business

Carolina, Inc. has three stores located in three different areas. Random samples of the sales of the three stores (in $1000) are shown below. Please note that the sample sizes are not equal. Store 1 Store 2 Store 3 88 76 85 84 78 67 88 60 58 82 62  93   ? a.Compute the overall mean .b.At the 5% level of significance, test to see if there is a significant difference in the average sales of the three stores. Use both the critical value and p-value approaches. Show the ANOVA table.

What will be an ideal response?

Business