A manager of a cost center is evaluated mainly on
a) his or her ability to control costs.
b) the amount of investment it takes to support the cost center.
c) the amount of revenue that can be generated.
d) the profit that the center generates.
Answer: a) his or her ability to control costs.
Business
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The future value ordinary annuity factor is used to calculate the future value of the premiums when the interest-adjusted methods are employed.
a. true b. false
Business
In the simplex procedure, if cj - zj = 0 for a non-basic variable, this indicates that:
A) the solution is infeasible. B) the solution is unbounded. C) there are multiple optimal solutions. D) the formulation is incorrect.
Business