Suppose the allowable increase and decrease for an objective coefficient of a decision variable that has a current value of $50 are $25 (increase) and $10 (decrease). If the coefficient were to change from $50 to $60, the optimal value of the objective function would not change
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Which of the following is calculated by dividing net sales revenue by average net receivables?
A. Receivables turnover ratio B. Days to sell ratio C. Current ratio D. Profit margin
If IBM built a computer system for Outback Barbie Inc. (based in Australia) at their corporate headquarters in Sydney, the project would be classified as
A. Global. B. Overseas. C. Local. D. Domestic. E. Foreign.
When a corporation designs an investment strategy for investing temporary excess cash balances in
marketable securities, it must consider a variety of factors. Which of the following is the most important? A) illiquidity B) achieving the highest yield C) maintaining the safety of principal D) maintaining the greatest float
Explain what the General Agreement on Tariffs and Trade (GATT) is and discuss the principles it was founded on