Solving nonlinear programming models may be more difficult than solving linear programming models because:
a. Nonlinear constraints may create discontinuous areas that satisfy all constraints.
b. Nonlinear constraints are difficult to translate into mathematical functions.
c. Nonlinear constraints are associated with a quantity discount.
d. All of the above
A
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The allowances that convert normal time to standard time have three components: personal time allowances, delay allowances, and fatigue allowances
Indicate whether the statement is true or false
Without adjustment, inflation may tend to cause ________ firms to appear more efficient and profitable than ________ firms
A) larger; smaller B) older; newer C) smaller; larger D) newer; older
Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $162,000, variable manufacturing overhead of $2.80 per direct labor-hour, and 60,000 direct labor-hours. Recently, Job K818 was completed with the following characteristics:Number of units in the job10Total direct labor-hours50Direct materials$ 920Direct labor cost$ 1,400The amount of overhead applied to Job K818 is closest to:
A. $135 B. $415 C. $140 D. $275
An organization requires all job applicants to provide details such as their name, age, educational qualifications, and previous work experience. What selection process tool is being used?
A. background information B. reference-checking C. paper-and-pencil test D. interview process E. personality assessment