Which of these is a decision variable for the LP formulation of this problem?
A) cheese
B) Nacholupa
C) 400
D) $2.75
Answer: B
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When is revenue from the sale of merchandise normally recognized?
a. On the date the sale is made. b. When the customer pays for the merchandise. c. Either on the date on which the sale occurs, or the date on which the customer pays d. When the merchandise is sold, if sold for cash, or when payment is received, if sold on credit
Joe keystones every product's price in his skateboard store. Therefore, the initial mark-up percent that Joe uses is
A. 10 percent. B. 25 percent. C. 100 percent. D. 50 percent. E. 200 percent.
Tristan is developing a presentation for employee orientation. Which of the following should NOT be used as a technique to ensure that the audience understands the points of his presentation?
a. Interesting anecdotes that tie into the presentation. b. Relevant statistics to lend authority to points. c. Presentation visuals to enhance effectiveness. d. Long, complex sentences to enhance credibility.
Which of the following is a FALSE assumption about the transportation model?
a. Capacity at each supply location or origin is limited. b. Demand requirements at each destination are known. c. Regardless of their origin or destination, the items shipped are homogenous. d. Between each origin and destination, there are multiple routes used.