Which of the following statements regarding linear programming is NOT true?
A) A linear programming problem can have more than one optimal solution.
B) Most real-world linear programming problems are solved on a computer.
C) If a binding constraint were relaxed, the optimal solution wouldn't change.
D) A surplus variable is added to a > constraint to convert it to an equality.
C
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Special journals take the place of subsidiary ledgers
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1) Fixed costs are relevant to a special pricing decision if they are subject to change as a result of the special order. 2) Assuming there are no other significant considerations, a product line with a negative contribution margin should be dropped. 3) In making product mix decisions, when fixed costs are irrelevant, a company should emphasize the product with the highest contribution margin per unit of the constraint. 4) A constraint is a factor that restricts the production or sale of a product, which varies from company to company. 5) Merchandisers are constrained by the size of their stores, and managers must choose which products to display.
Kraft Foods recently increased its advertising and couponing to its present cheese customers. It appears that Kraft is pursuing what kind of opportunity?
A. mass marketing B. product development C. market development D. diversification E. market penetration
Quia and Rafi form SA, LLC, a limited liability company, to operate Superior Athletics, a fitness center. Compared to a sole proprietorship and a general partnership, a limited liability company has limited
A. business purposes. B. investment opportunities. C. personal liability. D. requirements.