It is possible to have exactly two optimal solutions to a linear programming problem
a. True
b. False
Indicate whether the statement is true or false
False
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Marston Corporation uses the FIFO method in its process costing system. The equivalent units of production for March for conversion costs totaled 37,500 units. The beginning work in process inventory in March consisted of 15,000 units, 60% complete with respect to conversion costs. The ending work in process inventory in March consisted of 10,000 units, 75% complete with respect to conversion costs. The number of units started during the month was:
A. 41,500 units B. 72,500 units C. 34,000 units D. 25,000 units
The benefits of comparative scaling includes all of the following except ________
A) comparative scales involve fewer theoretical assumptions B) comparative scales are easily understood and can be applied easily C) comparative scales tend to reduce halo or carryover effects from one judgment to another D) small differences between stimulus objects can be detected
Markov analysis is a descriptive technique that results in probabilistic information
Indicate whether this statement is true or false.
The risk-free rate is 5% and the expected return on a non-dividend-paying stock is 12%. Which of the following is a way of valuing a derivative?
A. Assume that the expected growth rate for the stock price is 17% and discount the expected payoff at 12% B. Assuming that the expected growth rate for the stock price is 5% and discounting the expected payoff at 12% C. Assuming that the expected growth rate for the stock price is 5% and discounting the expected payoff at 5% D. Assuming that the expected growth rate for the stock price is 12% and discounting the expected payoff at 5%