Why it is important for a modeler to follow a step-by-step methodology when formulating linear programmingmodels?
a. The modeler can avoid the complexity of the models.
b. The modeler can implement a "model less, iterate more" approach to improve the efficiency of the optimization algorithms.
c. The modeler can use the formulated model multiple times with newly calculated input parameters.
d. The modeler can fine-tune the model accordingly.
A
You might also like to view...
Bennington Corp issued a $40,000, 10-year bond at the face rate of 8%, paid semiannually. How much cash will the bond investors receive at the end of the first interest period?
a. $ 800 b. $1,600 c. $3,200 d. $4,000
New ideas should not be introduced in the ______ of the speech.
a. attention-getter b. introduction c. body d. conclusion
Aspen Corporation Data for Aspen Corporation for the year ended December 31, 2012, are presented below. Credit sales $2,100,000 Sales returns 150,000 Gross accounts receivable (December 31, 2012 ) 420,000 Allowance for bad debts (Before adjustment at December 31, 2012 ) 25,000 Estimated amount of uncollected accounts based on an aging analysis 75,000 Refer to information provided for Aspen
Corporation. If Aspen uses the aging of accounts receivable method to estimate its bad debts, what amount will be reported as bad debt expense for 2012? A) $50,000 B) $75,000 C) $78,000 D) $53,000
Informal normative institutions
A. establish standards and propagate principles (UN, professional organizations). B. are found in few industrial economies. C. use class hierarchy to establish values. D. are recognized for their charity work.