A scenario in which the optimal objective function contour line coincides with one of the binding constraint lines on the boundary of the feasible region leads to _____ solutions

a. infeasible b. alternative optimal
c. binding d. unique optimal


b
RATIONALE: A special case in which the optimal objective function contour line coincides with one of the binding constraint lines on the boundary of the feasible region leads to alternative optimal solutions; in such cases, more than one solution provides the optimal value for the objective function.

Business

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Job #178 consists of 500 units and has total of direct materials, $48,000; direct labor, $58,000; and overhead, $35,000. a. What is the unit product cost? b. What are the prime costs per unit? c. What are the conversion costs per unit?

Business

A company had a profit margin of 10.5% and total asset turnover of 1.84. Its return on total assets was:

A. 12.34% B. 5.71% C. 8.66% D. 19.32% E. 13.61%

Business

Which of the following will display the title, publication date, and publisher name of each book in the BUSINESS category?

a. SELECT title, pubdate, nameFROM publisher JOIN books USING (pubid)WHERE category = 'BUSINESS'; b. SELECT title, pubdate, nameFROM publisher JOIN books ON (pubid)WHERE category = 'BUSINESS'; c. SELECT title, pubdate, nameFROM publisher OUTER JOIN books USING (pubid)WHERE category = 'BUSINESS'; d. SELECT title, pubdate, nameFROM publisher CROSS JOIN books USING (pubid)WHERE category = 'BUSINESS';

Business

Lola is a 35 percent partner in the LW Partnership. On January 1, LW distributes $39,000 cash to Lola in complete liquidation of her partnership interest. LW has only capital assets and no liabilities at the date of the distribution. Lola's basis in LW is $30,000. What is the amount and character of Lola's gain or loss?

What will be an ideal response?

Business