Which of the following statements concerning flood insurance is false?
A)
You can only purchase flood insurance if you are in a Special Flood Hazard Area.
B)
If you are in a Special Flood Hazard Area you will only be extended a mortgage if you have flood insurance.
C)
You need to contact a private insurer to purchase federal flood insurance.
D)
Flood insurance is subsidized by the federal government.
A
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Under the two-variance approach, the volume variance is computed by subtracting ____ based on standard input allowed for the production achieved from budgeted overhead
a. applied overhead b. actual overhead c. budgeted fixed overhead plus actual variable overhead d. budgeted variable overhead
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
A bond's current yield is equal to the interest payment divided by par value
Indicate whether the statement is true or false.
When communicating about CR issues with stakeholders, _____________ communication is more effective than verbose prose, and will seem more authentic to constituents.
a. simple and direct b. cautioned c. ubiquitous d. creative and “above-the-fray”