Goods must be both existing and identified to the contract before any interest in them can pass
a. True
b. False
Indicate whether the statement is true or false
True
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An organizational culture that adopts a low risk and rapid pace for feedback and rewards is known as a ______ culture.
A. bet the company B. process-oriented C. tough-guy, macho D. work hard, play hard
Which of the following is an incorrect statement regarding a patent?
A) Once a patent is issued, the holder may bring a patent-infringement suit in a federal court against anyone who uses, sells, or manufactures the patented invention without the permission of the patent holder. B) Money damages are not recoverable in a patent-infringement suit, since an injunction prohibits further use of the patented item by the infringer. C) A successful patent-infringement suit may result in an injunction prohibiting further use of the patented item by the infringer. D) A common dilemma facing an inventor is whether to protect an invention through patent or trade-secret law.
Cooper, the owner of a small bicycle manufacturing company, is striving to keep his organization running smoothly while remaining profitable in a highly competitive market. Cooper chooses process implementation to give his company a competitive edge over others. Which of the following principles is he most likely to implement?
A. enhancing services B. differentiating products C. reducing costs D. creating new products E. redesign existing products
What is an appropriate objective function for this scenario?
The department chair reviewed last year's schedule, the degree requirements for the ever popular Operations and Supply Chain major, and the emails that had drifted into her mailbox over the last week. Naturally, every professor in the department had his own pet course and wanted to maintain control of it while avoiding 8 a.m. classes at all costs. In an effort to placate the senior faculty members of the department, the chair sent an email asking them to supply the prep time for each of the classes they were qualified to teach, promising to assign them the least taxing schedule possible. Each of her department members had to teach at least two courses, but no more than three. The elective courses, Project Management, Quality Management, Control and Planning, Logistics, and Management Science each had to be offered once and the department needed to offer at least six sections of the Introduction to Operations class. The prep times each professor estimated for each course appear in the table below. Intro to Ops Project Mgt Quality Mgt Control Logistics Mgt Science Saba 3 10 12 16 12 7 Geoff 4 19 2 10 8 18 Tim 5 11 4 14 14 3 David 4 11 4 15 17 15 A) Max Z = 3SI + 10SP + 12SQ + 16SC + 12SL + 7SM + 4GI + 19GP + 2GQ + 10GC + 8GL + 18GM + 5TI + 11TP + 4TQ + 14TC + 14TL + 3TM + 4DI + 11DP + 4DQ + 15DC + 17DL + 15DM B) Min Z = 3SI + 10SP + 12SQ + 16SC + 12SL + 7SM + 4GI + 19GP + 2GQ + 10GC + 8GL + 18GM + 5TI + 11TP + 4TQ + 14TC + 14TL + 3TM + 4DI + 11DP + 4DQ + 15DC + 17DL + 15DM C) Min Z = SI + SP + SQ + SC + SL + SM + GI + GP + GQ + GC + GL + GM + TI + TP + TQ + TC + TL + TM + DI + DP + DQ + DC + DL + DM D) Max Z = SI + SP + SQ + SC + SL + SM + GI + GP + GQ + GC + GL + GM + TI + TP + TQ + TC + TL + TM + DI + DP + DQ + DC + DL + DM