Rounded solutions to linear programs must be evaluated for
a. feasibility and optimality.
b. sensitivity and duality.
c. relaxation and boundedness.
d. each of these choices are true.
A
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Which of the following illustrates reverse logistics?
a. a wholesaler implementing direct store distribution for a retailer b. a manufacturer implementing vendor-managed inventory for a retailer c. a wholesaler shipping a replacement part directly to a final consumer d. a retailer handling a product recall for a manufacturer
The difference between a guarantee and an indemnity is that
A) the guarantor has unlimited liability for any debts of the prinicipal debtor B) the person who signs the indemnity can be called on before the principal debtor to repay the debt C) the person who signs the indemnity has unlimited liability for any debts of the principal debtor D) the person who signs the guarantee can be called on before the principal debtor to repay the debt E) there is no difference between a guarantee and an indemnity
Miranda is pet-sitting for a friend's dog while he is on vacation. Her friend has given Miranda all sorts of information, including the veterinarian's name and phone number, pet emergency center location, and the dog's favorite bedtime snack. The first evening of the vacation, Miranda realizes that her friend did not bring the dog's food over, and she has no idea what the dog eats. Her friend's cell phone is "out of range" at the moment, so Miranda must go to the grocery store and shop for dog food, even though she has never bought it before now. In this case, even though Miranda is not a dog owner, she is likely to be part of the market for dog food for all of the following reasons except
A. she has the authority to purchase the dog food. B. she possesses the buying power for purchasing dog food. C. she has the need or desire for dog food. D. her ability to purchase the dog food is questionable. E. she is willing to use her buying power.
Merone Company allocates materials handling cost to the company's two products using the below data: Modular HomesPrefab BarnsTotal expected units produced5,0008,000Total expected material moves500100Expected direct labor-hours per unit700200The total materials handling cost for the year is expected to be $218,790.If the materials handling cost is allocated on the basis of direct labor-hours, the total materials handling cost allocated to the prefab barns is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $68,640 B. $125,238 C. $48,620 D. $109,395