Goal programming differs from linear programming in which of the following aspects?
A) It tries to maximize deviations between set goals and what can be achieved within the constraints.
B) It minimizes instead of maximizing as in LP.
C) It permits multiple goals to be combined into one objective function.
D) All of the above
E) None of the above
C
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A compensating balance includes all of the following characteristics except:
a. a portion of the loan proceeds is required to be retained on deposit. b. must be at amortized cost. c. increases effective interest rate. d. if held against a current liability, it is disclosed as part of current assets.
Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Pam wants to reduce her ownership in the company, and it was decided that the company will redeem 50 of her shares for $1,000 per share on December 31, 20X3. Pam's income tax basis in each share is $500. Comet has total E&P of $250,000. What are the tax consequences to Pam because of the stock redemption?
A. $50,000 dividend and a tax basis in each of her remaining shares of $100. B. $50,000 dividend and a tax basis in each of her remaining shares of $50. C. $25,000 capital gain and a tax basis in each of her remaining shares of $100. D. $25,000 capital gain and a tax basis in each of her remaining shares of $500.
Strategies that exploit market inefficiencies tend to lose their effectiveness when they become widely known
Indicate whether this statement is true or false.
Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: HoursWait time18.3Process time1.1Inspection time0.1Move time2.0Queue time9.1The delivery cycle time was:
A. 2 hours B. 29.4 hours C. 30.6 hours D. 11.1 hours