Non-negativity constraints belong to an integer programming model, but not necessarily to a linear programming model
a. True
b. False
B
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The Assembly Department of Binary, Inc., a manufacturer of computers, had a beginning inventory of 5,000 units. During November, it assembled 2000 units and transferred them to the Packaging Department. It incurred $250,000 in direct materials and $75,000 in conversion costs. The ending inventory in November was 6000 units, which were 100% and 60% complete with respect to materials and conversion costs, respectively. Calculate the total equivalent units of production for conversion costs for November. The weighted-average method is used.
A) 2000 units B) 8000 units C) 5600 units D) 3600 units
Cooperative buying is generally used by _____
a. inside buying organizations b. outside buying organizations c. small, independent retailers d. formal buying organizations
A company uses the effective interest method to amortize a bond premium. Which of the following statements is true regarding the carrying value of the bond?
A. The carrying value will decrease by smaller amounts each year. B. The carrying value will decrease by equal amounts each year. C. The carrying value will decrease by larger amounts each year. D. The carrying value will be lower than the face value of the bond until maturity.
According to the plaintiff's attorney, to minimize liability, corporations often I. Hire the best defense firms to make the plaintiffs look like liars II. Pursue illegal means to get plaintiffs to drop their cases III. Use the system to make the case too expensive for plaintiffs to pursue their cases IV. Push plaintiffs in to class action suits to force the case to be heard only one time
a. I and II b. II and III c. III and IV d. IV and I