Table 10-3 presents an integer programming problem. What is the meaning of Constraint 1?
A) If X1 is selected, X2 must also be selected.
B) No more than two alternatives may be selected.
C) At least two alternatives must be selected.
D) If X2 is selected, X1 must also be selected.
E) None of the above
B
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Residual income:
A) is most useful as a way to compare individual divisions of different sizes. B) is the amount of income earned in excess of a predetermined minimum rate of return on assets. C) should not be used as a way to evaluate the manager of an investment center. D) is often called economic value added (EVA).
If the average daily demand rate is 50 units per day and the lead time is 3 days, then the reorder point is ______.
a. 50 / 3 (i.e., about 17 units) b. 50 * 3 (i.e., 150 units) c. 50 ^ 3 (i.e., 125,000 units) d. 50 units
The Wage and Hours Law sets minimum hourly wages for
a. executives. b. professionals. c. outside sales persons. d. none of these.
If Tom invests $60,000 in a taxable corporate bond that provides a 5 percent before-tax return, how much will Tom's investment be worth in either 8 or 20 years from now when the bond matures? Assume Tom's marginal tax rate is 35 percent.
A. $92,782; $178,414. B. $79,621; $121,716. C. $88,647; $159,198. D. $77,495; $113,750. E. None of the choices are correct.