For a maximization problem, assume that a constraint is binding. If the original amount of a resource is 4 lbs. and the range of feasibility (sensitivity range) for this constraint is from 3 lbs. to 6 lbs.,
increasing the amount of this resource by 1 lb. will result in the:
A) same product mix, different total profit.
B) different product mix, same total profit as before.
C) same product mix, same total profit.
D) different product mix, different total profit.
Answer: A
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The symbol ?2 is used to represent the
A. variance of the population. B. standard deviation of the sample. C. standard deviation of the population. D. variance of the sample.
Which of the following events will cause a company's current ratio to rise?
a. The collection of an account receivable b. Selling land for cash. c. The discharge of an account payable by signing a short-term note payable d. None of these choices.
Although operating leases are not recorded on the balance sheet by the lessee, they are disclosed in the ____________________________________
Fill in the blank(s) with correct word
Which of the following represents the lowest level of manager support for training?
A. participation in training themselves B. allowing trainees to practice their skills C. encouragement of trainees' participation in training D. serving as a trainer