According to Table M7-3, which is the final simplex tableau for a problem with two variables and two constraints, what can be said about the optimal solution and the constraints?
A) There is slack remaining in the first constraint.
B) There is slack remaining in the second constraint.
C) There is slack remaining in both constraints.
D) There is no slack remaining in either constraint.
E) None of the above
B
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Match each term with the correct statement below.
a. marketing channel b. selective distribution c. warehouse showrooms d. materials handling e. warehouse clubs f. inventory management g. intensive distribution h. exclusive distribution 1. Convenience goods often use this method of market coverage. 2. Large-scale discount operations that are open to members only. 3. The physical handling of a product during transportation and while it is in the warehouse. 4. A group of interrelated organizations that direct the flow of products to the ultimate consumer. 5. The process of developing and maintaining products that are in demand by customers 6. Shopping goods are often distributed through this method of market coverage. 7. Convenience goods often use this method of market coverage.
In queuing problems, which of the following probability distributions is typically used to describe the number of arrivals per unit of time?
A) binomial B) normal C) Poisson D) exponential E) lognormal
The UCC and the common law are essentially the same in regard to their treatment of risk of loss or damage to identified goods
Indicate whether the statement is true or false
Gathering information and/or studying a situation can help a decision maker reduce the degree of uncertainty in decision-making.
Answer the following statement true (T) or false (F)