A linear programming model solution with integer restrictions is called a relaxed solution
Indicate whether this statement is true or false.
Answer: FALSE
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Which of the research questions/hypotheses below is best answered using frequency distribution?
A) What percentage of the market consists of heavy users, medium users, light users, and nonusers? B) The heavy and light users of a brand differ in terms of psychographic characteristics. C) What is the income distribution of brand users? Is this distribution skewed toward low income brackets? D) Both A and C are correct.
A company used straight-line depreciation for an item of equipment that cost $12,550, had a salvage value of $2200 and a six-year useful life. After depreciating the asset for three complete years, the salvage value was reduced to $1255 but its total useful life remained the same. Determine the amount of depreciation to be charged against the equipment during each of the remaining years of its useful life:
A. $2200. B. $1980. C. $4498. D. $1035. E. $2040.
A salesclerk at Braybon's Department Store observed a customer remove a ring from a display case and put it in her purse. In most states, Braybon's will be able to detain the customer for suspicion of shoplifting
Indicate whether the statement is true or false
In Crest Ridge Construction v. Newcourt, where an order for construction materials that Crest Ridge needed was rejected for failure to meet credit terms, and Crest Ridge had to find a higher-cost replacement and sued Newcourt for damages, the appeals court held that:
a. Newcourt was liable for breach of contract because there was sufficient evidence that the two companies had formed a contract under the definition found in the UCC b. Newcourt was not liable for breach of contract because there was not sufficient evidence that the two companies had formed a contract under the definition found in the UCC c. Crest Ridge was liable for breach of contract because it failed to inform Newcourt that it would not be able to pay before delivery d. Crest Ridge did not have a case because there was never any indication that they had formed a contract with Newcourt e. Newcourt was not liable for damages, even though there was sufficient evidence that the two companies had formed a contract under the definition found in the UCC