________ occurs in a linear programming problem when the number of nonzero variables in the optimal solution is fewer than the number of constraints

Fill in the blanks with correct word


Degeneracy

Business

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An irrevocable letter of credit transfers the payment obligation for an export deal from the buyer to the buyer's:

A) in-house export organization. B) bank. C) freight forwarder. D) credit union. E) checking account.

Business

If an instrument is nonnegotiable, the ________.

A. general rules of contract law control the rights and liabilities of the parties involved B. general rules of tort law control the rights and liabilities of the parties involved C. Uniform Commercial Code controls the rights, and the general rules of property law control liabilities of the parties involved D. Uniform Commercial Code controls the rights, and the general rules of comparative law control the liabilities of the parties involved

Business

Danube Company purchased a used machine for $12,000. The machine required installation costs of $3000 and insurance while in transit of $1500. At which of the following amounts would the machine be recorded?

A) $12,000 B) $15,000 C) $13,500 D) $16,500

Business

If all members of an organization understand, share and are committed to the organization’s systems of beliefs and values, that organization is said to have what?

a. Sub-cultures b. A strong culture c. A weak culture d. A total institution

Business