Both linear and nonlinear programming models are examples of:

A) goal programming models.
B) simplex tableaus.
C) constrained likelihood models.
D) constrained optimization models.


Answer: D

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Sawaddee Enterprises began the year with total assets of $450,000 and total liabilities of $230,000 . If Sawaddee's total assets doubled to $1,000,000 and its owners' equity remained the same during the year, what was the amount of its total liabilities at the end of the year?

a. $220,000 b. $680,000 c. $780,000 d. $900,000

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Adam's Manufacturing has the following information available regarding one of the projects it is considering: Initial investment $500,000 Net present value 80,000 The profitability index of this project is:

A) 6.25. B) 0.16. C) 1.16. D) 0.86.

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Proper execution of a negotiable instrument by an agent would be ________

a. Al, Jo b. Al c. Al (agent) for principal d. Jo (principal) by Al (agent)

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Sears Department Store has over 900 stores in the U.S. and over 300 stores in Mexico and Canada. Sears has been particularly successful in Mexico, and the firm's executives believe Sears should expand into other Latin American countries. As a result, plans are underway for the construction of a new Sears store in Managua, Nicaragua. Construction should be complete within three months, so staff selection needs to begin soon. Sears' executives are considering the idea of using parent-country nationals to manage the new store in Nicaragua.Which of the following, if true, undermines the argument that parent-country nationals should manage the Sears store in Nicaragua?

A. Sears is implementing a multinational strategy of global expansion. B. Decision-making authority stems primarily from Sears' top executives C. Managers must stay in close communication with Sears' headquarters. D. Sears' HR department recently developed new repatriation policies.

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