The Attorney General of the United States is appointed by the _____
Fill in the blanks with correct word
President
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On a preference scale for pairwise comparisons, the number "1" indicates that two objects are equally preferred
Indicate whether this statement is true or false.
Which of the following statements is true?
A) Contract buying assures suppliers they have a given amount of business and commits them to allocating that amount of their capacity to the customer. B) In contract buying, price and delivery are negotiated each time an order is released. C) EDI does not eliminate much of the paper work associated with buying. D) Contract buying is useful for short term purchases.
Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount to $400,000. Current sales total 16,000 units. Narchie:
A. will break-even by selling 8,000 units. B. will break-even by selling 13,333 units. C. will break-even by selling 1,000,000 units. D. will break-even by selling 20,000 units. E. cannot break-even because it loses money on every unit sold.
Jeff is willing to invest $5000 in buying shares and bonds of a company to gain maximum returns. From his past experience, he estimates the relationship between returns and investments made in this company to be:
R = –2S2 – 9B2 – 4SB + 20S + 30B.
where, R = total returns in thousands of dollars S = thousands of dollars spent on Shares B = thousands of dollars spent on Bond Jeff would like to develop a strategy that will lead to maximum return subject to the restriction provided on amount available for investment.
a. What is the value of return if $3,000 is invested in shares and $2,000 is invested bonds of the company? b. Formulate an optimization problem that can be solved to maximize the returns subject to investing no more than $5,000 on both share and bonds. c. Determine the optimal amount to invest in shares and bonds of the company. How much return will Jeff gain? Round all your answers to two decimal places.