Book It is a company that produces textbooks and sells them to college students through retail stores. Who would be one of their external customers?
a. their warehouse employees
b. their editors
c. their printing suppliers
d. their sales managers
c
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Which of the following is most likely an example of routine response behavior?
a. The purchase of a cruise vacation b. A homeowner's purchase of a new grill for $600 c. The first-time purchase of a copy machine d. The purchase of groceries
The ______ approach is a concept that assumes that opportunities exist independent of entrepreneurs and are waiting to be discovered.
a. mountain b. idea location c. finding d. searching
If we are solving a 0-1 integer programming problem, the constraint x1 + x2 = 1 is a mutually exclusive constraint
Indicate whether this statement is true or false.
The tour group has three days remaining in Paris and the opportunity to do three cultural events. It is important to soak up as much culture as possible, so Saba decides to model this as a 0-1 integer program mandating that the group does three events
A couple of students object, not to the integer program, but to the set of cultural events that they have to choose from. They would rather have the option to do up to three events but perhaps only one or two and spend the rest of their time doing some "retail benchmarking." What was Saba's original constraint and how does that constraint change to cater to the whims of the students?