New products and services are mostly the sole responsibility of a single firm in the supply chain

Indicate whether the statement is true or false
a. True
b. False

ANSWER: False

In many cases, new products and services are not the sole responsibility of a single firm that serves as inventor, engineer, builder, marketer, and sales agent. Rather, they are often the product of a multi-company collaboration with multiple firms and business units playing unique roles in new-product development, testing, and launch activities, among others.

Business

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In a network modeling problem, the linear programming decision variables are given by:

A) source node. B) sink node. C) network branches. D) network nodes.

Business

When formulating a goal programming model, the decision maker uses decision variables similar to those used in regular linear or nonlinear programming models

a. True b. False

Business