Take note of the phrase in the scenario that reads "Naturally, every professor in the department had his own pet course..." Provide an example of a constraint that makes sure a professor gets to teach his favorite course
What will be an ideal response?
Answer: Using the scheme Professor:Subject for decision variables, e.g. SI is Saba teaches Intro to Ops, we can ensure that Saba is assigned to Intro to Operations by entering the constraint:
SI ≥ 2
along with the other constraints in the model. If Geoff likes Logistics, then
GL = 1
would assign that professor the logistics class.
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York Casting Services started the year with total assets of $110,000 and total liabilities of $50,000. The revenues and the expenses for the year amounted to $140,000 and $50,000, respectively
During the year, the company did not issue any common stock, but it distributed dividends of $70,000. Calculate the amount of increase or decrease in stockholders' equity for the year. A) a $20,000 increase B) a $80,000 increase C) a $60,000 decrease D) a $70,000 increase
The power of the test refers to the probability of rejecting a false null hypothesis
Indicate whether the statement is true or false