A promise by Derkin Restaurants to buy all of the produce it needs this next year at an established price from Elfredo's Produce would be an:

a. enforceable requirements contract.
b. enforceable output contract.
c. unenforceable, illusory contract.
d. unenforceable promise based on past consideration.


a

Business

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The conjoint analysis procedure is based on trade-offs respondents make when evaluating alternatives

Indicate whether the statement is true or false

Business

Competing on the basis of cost likely requires all of the following except?

a. Use of automation b. Purchasing in high volume c. Providing many customization options to customers d. Producing in large quantities

Business

The poultry farmer would like to generate 80 ounces of fertilizer per week while feeding a maximum of 160 ounces of layer pellets each week. Which of these constraints is correct?

A) 3L + 2C + 4C ? 80 B) 5L + 4C + 8B ? 160 C) 5L + 4C + 8B ? 160 D) 5L + 4C +8B ? 80

Business

Formulate an appropriate model for this scenario if the variables are assigned as in the table:

x1 = contractor works on wood floors x2 = landlord works on wood floors x3 = contractor works on kitchen tile x4 = contractor works on kitchen tile x5 = contractor works on back door x6 = contractor works on back door x7 = contractor works on garage door x8 = contractor works on garage door

Business