An optimization problem that has multiple optimal solutions:
A) means that there are actually no optimal solutions.
B) is reflected by the entire feasible region being optimal
C) means that the surplus for a third constraint cannot be calculated.
D) provides the decision-maker with increased flexibility.
Answer: D
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The acid-test ratio differs from the current ratio in that it
a. represents the amount of cash on hand instead of the amount of working capital. b. excludes inventories and accounts receivable from the numerator of the fraction because of obsolescence and possible nonpayment. c. is a stricter test of a company's ability to pay its current debts as they are due. d. signals the need to liquidate marketable securities when it drops below 5 to 1.
The cost-plus transfer price is the sum of the costs incurred by the producing division plus an agreed-upon profit percentage
Indicate whether the statement is true or false
The antibacterial drug Sulphonamide lost a big share of its market to a new brand of more
potent antibiotics, causing a decrease in profits for Bayer, the marketers of Sulphonamide. Which of the following environmental forces affecting the market was most influential in this case? A) economic forces B) social forces C) technological forces D) political forces
A beta of 1.0 is the beta of the ________, while a beta of 0.0 is the measure for a ________
A) risk-free security; single security held on its own. B) market; single security held on its own. C) risk-free security; market. D) market; risk-free security.