A minimization objective function could be used by the modeler in any of the following situations except:

a. When trying to optimize profit.
b. When trying to minimize production waste.
c. When trying to improve processing times.
d. When trying to optimize cost.


A

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Assume you have applied for two scholarships, a Merit scholarship (M) and an Athletic scholarship (A). The probability that you receive an Athletic scholarship is 0.18. The probability of receiving both scholarships is 0.11. The probability of getting at least one of the scholarships is 0.3. a.What is the probability that you will receive a Merit scholarship?b.Are events A and M mutually exclusive? Why or why not? Explain.c.Are the two events A and M independent? Explain using probabilities.d.What is the probability of receiving the Athletic scholarship given that you have been awarded the Merit scholarship?e.What is the probability of receiving the Merit scholarship given that you have been awarded the Athletic scholarship?

What will be an ideal response?

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All of the following are true statements about servant leadership EXCEPT ______.

A. it is only practiced in the United States B. rests on ethical character C. is person-centered D. promotes justice

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States are allowed to enact minimum wage laws that set minimum wages higher than the federal level

Indicate whether the statement is true or false

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To improve the fairness of compulsory arbitration agreements, it has been suggested that all of the following be done except:

A. Allow employees to waive their rights on a case by case basis only so that they can consider the facts of each dispute before waiving their rights B. Allow employees access to any information relevant to the case C. Share expenses in such a way as to keep them reasonable to both parties D. Limit the range of remedies available to the arbitrator

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