Which of the following is incorrect?
a. A global optimum is a local optimum in a nonlinear optimization problem.
b. A local maximum is a global maximum in a concave nonlinear optimization problem.
c. A global minimum is a local minimum in a convex nonlinear optimization problem.
d. A local optimum is a global optimum in a nonlinear optimization problem.
D
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Answer the following statements true (T) or false (F)
1.Whenever we make a blanket judgment about others, such as “every one of the people at my gym is just there to show off their muscles,” we are thinking in generalities and ignoring differences. 2.Indexing generalizations is appropriately used to help us use language to conceal distinctions between people. 3.By using the word “you” in place of “I”, you describe your own feelings and thoughts instead of berating others for theirs. 4.The meaning of a word can change from one time period to another and from one culture to another. 5.Tanya makes sure that she does not use the same words and language when talking with Professor Jensen that she might use when talking with her friends on the basketball court. Tanya is trying to make sure she uses the right words in the right place at the right time.
Which of the following ratios is rated to be a primary measure of liquidity and the highest significance rating of the liquidity ratios according to commercial loan departments?
a. Debt/Equity b. Current Ratio c. Degree of Financial Leverage d. Inventory Turnover in Days e. Accounts Receivable Turnover in Days
A firm organizes its store maintenance operations on the basis of location. Which method of classifying jobs does the firm use?
a. product classification b. functional classification c. geographic classification d. combination organization classification
Explain horizontal price-fixing and vertical minimum and maximum price-fixing. Discuss their status under antitrust laws