All linear programming models exhibit a set of constraints
Indicate whether this statement is true or false.
Answer: TRUE
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Salespeople for college texts call on college instructors to sell them on using a particular text for their classes. Improvements in efficiency have led some publishers to stop making sales calls altogether on smaller colleges. It is a much better use of the sales force's time to call on schools with large classes and big adoption rates. From the customer's point of view, this application of the profitability tier:
A. Simply increases the importance of word-of-mouth communication B. Is not profitable C. Could cause resentment D. Will not cause any problems E. Creates across-the-board customer enhancement
A donor agrees to contribute $5,000 per year at the end of each of the next five years to a voluntary health and welfare organization. The donor did not place any use restrictions on the amount pledged. The stream of the payments is discounted at 6 percent. The first payment of $5,000 is received at the end of the first year. The present value factor for a five-payment annuity due on June 30, 20X9, at 6 percent is 4.2124. The present value factor for a four-payment annuity due on June 30, 20X9, at 6 percent is 3.4651.Based on the preceding information, at the end of the first year, the pledge increased net assets without donor restrictions by:
A. $5,000. B. $4,212. C. $25,000. D. $21,062.
Digital phone networks digitize speech and send it as bits over cables or through the air.
Answer the following statement true (T) or false (F)
The accounting firm of Nancy Ahmadi & Associates (NAA) was commissioned to audit a population of 500 accounts. For this audit, NAA selected a simple random sample of 64 accounts. The sample showed an average discrepancy of $120 with a standard deviation of $24
a. Estimate the population total discrepancy. b. Develop an approximate 95% confidence interval for the population total discrepancy.