What is the optimal value of the Lagrange multiplier?
Given the nonlinear programming model:
Max Z = 5x1 - 2x22
Subject to: x1 + x2 = 6
A) ? = 1
B) ? = 2
C) ? = 3
D) ? = 4
E) ? = 5
Answer: E
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a. $34,000 b. $54,000 c. $78,000 d. $75,000
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Indicate whether the statement is true or false
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No mention of the contingent liability needs to be made in the financial statements, if the probability of payment is _____
a. "remote" b. "probable" c. "reasonable possible" d. "not plausible"