The _____ for a decision variable is the shadow price of the nonnegativity constraint for that variable
a. range of optimality
b. slack value
c. reduced cost
d. range of feasibility
C
You might also like to view...
Asking a consumer to wear a seat belt is an example of an exchange of:
a. old behavior patterns b. economic assets c. time and money d. values e. opinions
At TrueBlue, supervisors, peers, and subordinates all provide input into an employee's performance appraisal. TrueBlue uses a 360-degree evaluation.
Answer the following statement true (T) or false (F)
Kirk Development buys on terms of 2/15, net 60 days. It does not take discounts, and it typically pays on time, 60 days after the invoice date. Net purchases amount to $650,000 per year. On average, what is the dollar amount of total trade credit (costly + free) the firm receives during the year, i.e., what are its average accounts payable? (Assume a 365-day year, and note that purchases are net of discounts.)
A. $106,849 B. $125,014 C. $117,534 D. $123,945 E. $107,918
You paid $10,000 to buy 1% of the stock in a corporation that is now bankrupt. The company owes $10 million dollars to its creditors. As a result of the bankruptcy, you are responsible for paying $100,000 (or $10 million × 1%) of the amount owed to the creditors.
Answer the following statement true (T) or false (F)