Integer programming models have an objective function to be optimized, a set of constraints to be satisfied, and a set of constraints that forces some or all decision variables to be integers
a. True
b. False
A
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To be accurate, objectives should be SMART. What does the M in SMART stand for?
A. Memorable B. Measurable C. Mechanistic D. Methodical E. Multifaceted
What is the difference between a tangible and an intangible asset? Provide examples.
What will be an ideal response?
Consumers receive the benefits of place utility when
A. they have to travel excessively to obtain products they want. B. retailers remain open 24 hours a day. C. they can stock up on products they need but not use them right away. D. they make purchases with credit and debit cards. E. products are available in locations where consumers want to buy them.
Which of the following is the biggest risk in using end-user development to create a new information system?
A) The software used may create inaccurate information. B) The system doesn't adequately reflect user needs. C) Hardware is unable to support the new system. D) The system may not be able to scale up to handle larger amounts of data. E) End users are overly taxed and become reluctant to use the system.