A linear programming model solution with no integer restrictions is called a relaxed solution

Indicate whether this statement is true or false.


Answer: TRUE

Business

You might also like to view...

Which of the following best describes a data set?

A) the creation of a computer file that holds output of statistical analyses on all of the questionnaires deemed suitable for analysis B) identification of codes that pertain to the possible responses for each question on the questionnaire C) identification of all the variable names and code numbers associated with each possible response to each question making up the data set D) a matrix of numbers and other representations that include all of the relevant answers by all of the respondents in a survey E) none of the above

Business

Please (lay, lie) the box of (stationary, stationery) on the secretary's desk

What will be an ideal response?

Business

Which of the following capacity levels has traditionally been used to compute the fixed overhead application rate?

a. expected annual b. normal c. theoretical d. prior year

Business

A corporation plans to invest $1 million in oil exploration. The corporation is considering two plans to raise the money. Under Plan #1, bonds with a contract rate of interest of 6% would be issued. Under Plan #2, 50,000 additional shares of common stock would be issued at $20 per share. The corporation currently has 300,000 shares of stock outstanding, and it expects to earn $700,000 per year before bond interest and income taxes. The net income and return on investment for both plans is shown below:?Plan #1 Plan #2Earnings before bond interest and taxes$ 700,000 $ 700,000Bond interest expense(60,000)?Income before taxes.$ 640,000 $ 700,000 Income taxes(224,000)(245,000)Net income$ 416,000 $ 455,000 ???Equity$8,000,000 $9,000,000 Return on

Equity5.2%5.06%Comment on the relative effects of each alternative, including when one form of financing is preferred to another. What will be an ideal response?

Business