Binding constraints are represented by lines that intersect at the point of the optimal solution

a. True
b. False


A

Business

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Which of the following is the most difficult ethical challenge to managers in today's business climate?

A) not being able to hire new employees B) having to fire employees who are not productive C) having to downsize and let go of employees who are hardworking and productive D) increasing the amount that employees pay for healthcare

Business

The UCC applies to contracts for services as well as to contracts for the sale of goods

Indicate whether the statement is true or false

Business

The bullwhip effect can occur when orders decrease as well as when they increase

Indicate whether the statement is true or false

Business

Three workers complete a full 8-hour day finishing concrete for a terrace. All three workers are paid $12 an hour and the job bills to the customer for $450. What are the total direct labor costs?

A) $450 B) $12 C) $288 D) $96

Business